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ESTABLISHED ELECTRICAL BUSINESS & SHOP - PAIGNTON

Price:
Leasehold - £55,000
Seller Ref:
LWC26508
Location:

Devon, PRESTON, PAIGNTON

Business Type:

Commercial Property, Retail businesses, Service Businesses

See Other:
Electrical retailers for sale in Devon
Electrical repairs/electricians for sale in Devon
Showrooms for sale in Devon
Retail businesses for sale in Devon
Service businesses for sale in Devon
Commercial property for sale in Devon
Description:
THE BUSINESS:
We are delighted to offer a well established lighting company with prime located retail shop premises together with a team of subcontractors, one of the main suppliers to the Local Authority, private sector and good internet presence


THE LOCATION
- Ideally located in a prime corner position between Torquay and Paignton benefiting from high pedestrian footfall and vehicular traffic together with convenient parking nearby


THE BUSINESS
- Trading owner operated for a number of years with retail sales through established shop together with a team of sub-contractors to the local private and local authority sectors and recently established a good internet presence to the trade. Actual trading accounts will be made available following a successful formal viewing


ACCOMMODATION COMPRISES
- Double fronted corner positioned, retail shop with large windows to both sides with recessed entrance into


'L' SHAPED RETAIL AREA
8.48m x 5.97m (27' 10" x 19' 7") and 3.21m x 2.94m (10' 6" x 9' 8") – Large four sided central island unit with bespoke multi tiered display shelving, large ‘L’ shaped, glass topped counter with EPOS system, credit card machine and computer terminal, suspended ceiling, carpeted throughout and CCTV camera system

To rear of counter is a door leading through to


REAR STORE/WORKROOM
4.43m x 2.45m (14' 6" x 8' 0") – Shelving to three sides and window to side


INNER HALLWAY
3.63m x 1.42m (11' 11" x 4' 8") – Which acts as further storage, leading through to


STOREROOM
4.50m x 0.80m (14' 9" x 2' 7") -


OFFICE/INTERNET SALES AREA
3.50m x 2.68m (11' 6" x 8' 10") – Also included in this area is a base unit with inset single stainless steel sink and drainer together with a Nescafe systems machine and all presented in a high decorative order


CLOAKROOM
- Comprising of low level WC and wash hand basin. Obscure window to rear


REAR DOOR
- Providing delivery access and staff entrance and leading to parking for one vehicle
Location Details:
- Ideally located in a prime corner position between Torquay and Paignton benefiting from high pedestrian footfall and vehicular traffic together with convenient parking nearby
Lease Terms:
LEASE/RENTAL - 6 year lease from 11th February, 2010 with rental of £7,500 per annum exclusive LEGAL FEES -Ingoing tenant to pay Landlord’s reasonably incurred lease assignment costs
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