Location:
This business and property is located at the junction of Station Road with Coast Road, close to the main A1058 intersection. The business forms part of a terrace of retail units which is adjacent to a number of residential estates.
Business:
This is a long-established convenience store business which has been in the seller’s ownership since 2010 but has been placed on the market as they wish to reduce their work commitments.
This is a compact convenience store and off licence which has excellent levels of core business from the nearby residential occupiers with free pull in parking nearby which can generate passing trade.
This business represents an attractive opportunity for an owner operator with the benefit of captive and passing trade. The upper floor flat offers potential for rental income or spacious owner’s accommodation.
Property:
Comprises a convenience store with a 4 bed flat above. Accommodation;
Ground Floor
Convenience Store circa 700 sq.ft. ( sq.m.).
W.C.
Upper Floor Maisonette
Lounge 1
Lounge 2
Bedroom1
Bedroom 2
Bedroom 3
Bedroom 4
Kitchen
Bathroom
Staff:
The business is currently operated by the owners.
Tenure:
We are verbally informed that a new lease will be available at a commencing rent of £300 per week. Full terms to be agreed.
EPC:
Rating C
Rates:
The premises are assessed as follows:
Rateable Value £5,800
Rates free incentives subject to status.
Services:
Electricity, water and gas central heating is installed to the living accommodation.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
