Ladieswear Retailers for sale in Minehead

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Ladies Fashion Retail Unit with 2 Bedroom Appartment over For Sale

Minehead, Somerset, England

  • Leasehold Price: £150,000
Seller Reference: COM140100
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: COM140100
Request Details
Business Description
Long established ladies fashion wear outlet with a 2 bedroom apartment over currently used as a holiday let. Located in a semi-detached stone building adjoining the entrance to the harbour side with triple aspect sea views.

Originally the property was used as a high quality gift shop and tea room and for the last 30 years has been utilized as a high quality ladies fashion retail unit currently opening 6 days a week from 10am – 5pm. The business is for sale as a going concern with stock available for an additional sum at valuation.
EPC Rating E
Trading hours:
10am - 5pm
Number of employees:
Operated by a husband and wife team.
Tenure:
Leasehold
Is accommodation included?:
Yes
Location Details:
The idyllic harbour side village of Porlock Weir is nestled beneath the hills of Exmoor National Park and is located some 1.5 miles West of Porlock village. The port has been established for over 1,000 years and arranged around the harbour side are numerous restaurants, hotels, a historic inn and retail outlets.
Leasehold Term:
We are acting on behalf of the tenants who rent property from the Porlock Manor Estate on a 15 year lease from September 2008 at a current annual rental of £11,100. A copy of the lease is available from the Webbers commercial office in Barnstaple. We understand the rent review is every 4 years.
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