Commercial Property Details

 
Guide Price £50,000
Westgate on Sea
     
    The existing business has been trading for 11 years. There is an alcohol licence, and the shop sells, tobacco, drinks, sweets, groceries, milk, greetings cards, magazines, newspapers and ice cream.
    The business has goodwill and a good reputation.
    In addition is 120 newspaper round at £2.50+ per paper per address per week.
    Further income of approx £200 weekly is generated from a Slush Puppy machine.
    SHOP
    Shop floor area.
    Stock Room
    Kitchen
    Staff Toilet
    Basement same size as Shop floor.
    Please note
    TENURE
    THERE IS 9 YEARS REMAINING ON A 20 YEAR LEASE.
    THE RENT IS £700PCM

    FINANCIAL PROFILE
    We are advised that there is a turn over of £22,000 per anum, a net profit of approximately £13,500.

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
     
     
     
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