This property is no longer on the market
Property
Property description & features
This is a traditional convenience store, off licence and newsagents which has excellent levels of core business from the nearby residential occupiers. Located on a small neighbourhood parade and within close proximity to the local school which denotes a significant amount of passing trade. Neighbouring occupiers include local council offices, hair and beauty salon, cafe and hot food takeaway.
The business achieves a good level of trade (in excess of £9500 weekly) plus benefits from in excess of £650 per calendar month commission from Lotto, Paypoint, DPD parcel collection services.
The current owners have ran this thriving, licenced convenience store for over 30 years are looking to retire.
EPC Rated C
Retail Unit 144 sq metres (approx) 1550 sq ft (approx)
Owners Accommodation 120 sq metres (approx) 1291 2q ft (approx)
Convenience Store For Sale
Freehold £450,000 Leasehold £220,000
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Accommodation
Retail Unit 144 sq metres (approx) 1550 sq ft (approx)
Owners Accommodation 120 sq metres (approx) 1291 2q ft (approx)
Retail Unit
Ground floor retail unit with drive in storage/ delivery to the rear.
Business Rates
Enquiries regarding the rateable value and details of precise amounts payable should be directed to the relevant Local Authority.
Tenure
Available Leasehold or Freehold
Proposed Terms
In the event of a leasehold transaction the ingoing tenants will be taking a lease on fully repairing and insuring terms for a minimum of 5 years and a rental figure of £18,500 per annum to include the upper floor owners accommodation.
Legal Costs
In the event of a leasehold transaction the ingoing tenant will be responsible for our Client’s reasonable legal costs incurred in connection with this transaction together with any Stamp Duty and VAT where applicable.
VAT
All offers where made silent of VAT are deemed to be made exclusive thereof.
Notes
All measurements are approximate and are for guidance purposes only.
Viewing
By appointment through the Sole Agents, Browns Commercial [use Contact Agent Button]
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Mobile phone signal availability and predicted strength
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Energy Performance data and Internal floor area
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