No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£250,000 | 742 sq ft
Added > 14 days

Retail property (high street) for sale

Rectory Grove, Leigh-on-Sea, SS9
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Retail property (high street)
0 bed
0 bath
742 sq ft / 69 sq m

Property description & features

  • Tenure: Leasehold
  • Retail (A1)
  • 742 Approx Sq Ft
  • Leasehold
DESCRIPTION:
Possibly one of the longest established businesses of any kind in Leigh, and only for sale due to the owners retirement. Established in 1963 having been providing Health Foods, supplements & associated Health products for over 60 years!

Rooms

The Business
Established in 1963 by the current owners father, and under the current stewardship since 2008, Greens has been the 'go to' Health Foods venue for everything natural, ethical and environmental.

Property
All measurements are approximate, and were measured on a gross internal are basis: Shop: 480 sq.ft. including a small understairs Office with CCTV system Timber Store: 214 sq.ft. leading into: 2 inter-communicating garages (stores) 239 sq.ft. accessed either via the rear of the shop or the rear service road. Outside WC: 30 sq.ft.

Features
Established In 1963! In Bustling Location Approx. 740 Sq.Ft. Overall Substantial Turnover/Profits Renewable Lease Reasonable Rent

Turnover/Profits
The accounts of the business have shown consistent and substantial turnover and net profits over many years. Over the 5 year period 2018-2022, turnover has averaged £670,558 with net profits averaging an impressive £153,740! (Copies of the accounts and other sensitive information will only be shared with bona fide parties who have entered into a NDA).

Trading Hours
Monday to Saturday 8.30am till 5pm. Closed on Sundays.

Staff
The business is run by the vendor with 2 full timers and 1 part timer.

Tenure/Rent
Leasehold. A fully repairing and insuring lease granted for 15 years from the 9th June 2010. Rent £11,750pa payable quarterly plus £2,040pa for the garages/stores.

Business Rates
The most recent assessment shows an adopted value of £9,200. Being under the £12,000 threshold, qualifying occupants will be able to claim 100% Small Business Rates relief.

Legal Fees
Each party is to be responsible for their own legal fees.

Property information from this agent

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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