Tenure: Leasehold

LOCATION
Located in a residential area of Measham, Leicestershire

DESCRIPTION
Newsagents and Off- licence Business for sale, located in the heart of a residential area in Measham, surrounded by takeways and local businesses. The property is located on the ground floor only with main shop area, storage, kitchen and WC. There is rear access into a shared off road car park. 

Rent Payable Per Annum = £7500 (£625pm) exclusive of bills

WE ARE INFORMED the turnover averages £5,000 p.w.

Gross profit 25% approx.

TO INCLUDE GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£20,000 approx.)

Trading hours:

Monday - Thursday inclusive - 7.30 a.m. - 8 p.m. 
Friday - 7.30 a.m. - 9 p.m. 
Saturday - 7.30 a.m. - 9 p.m. 
Sunday opening - 8 a.m. - 4 p.m.

ACCOMMODATION
Internal area: 700 sq. ft approx.

SERVICES
All main services are connected however have not been tested by the agents

TERMS
Lease Terms:

The property currently has 17 years remaining on the lease, potential to increase. 

There is a break clause every 3 years

OUTGOINGS
Nil payable at present after small business relief

VAT
Payable

LEGAL COSTS
Incoming party liable for all legal cost

PARKING NOTES
There if off road parking to the rear

VIEWING
Viewing strictly through sole agents

 

Comment