Retail property (high street) for sale
Property description & features
- Tenure: Leasehold
- Established off-license business for sale
- Highly profitable with an excellent gross income
- 550 Sq Ft of retail space plus storage rooms and cellar
- Prominent corner site on a busy trading street in a popular coastal resort
- A new 9 year lease is available subject to landlord's approval
- Ideal for those wanting a lifestyle change or become their own boss
- Annual rent of £13,000 payable monthly
- Plus Stock at Valuation
This highly profitable business with excellent gross income. Although the current business owners have been trading for the past 15 years, a shop has been on this prominent corner site for more than 60 years. The premises comprise a double fronted shop with 550 sq ft of retail space with large display windows, a large storage area to the rear plus an office, kitchen, and staff WC. There is also a large cellar below which can be used for additional storage. The retail business is supplemented by having a full Lottery contract and Your cash ATM machine. Skinner Street has a range of independent shops, cafes and restaurants including the famous Botham’s Bakers opposite, which draws much footfall to the street from visitors and locals alike. With the shop income on the increase even during the current economic climate, this business has proved to be highly resilient. A new 9-year lease will be offered subject to the landlord’s approval and with a yearly rent of £13,000. Trading accounts are available to interested parties after registering with the selling agents.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 868. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Hope & Braim Estate Agents - Head Office.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on February 16, 2024
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.