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#Business ID: 16970

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Prime Location Retail Unit on Busy High Road

Business Location: East, Essex, England

Asking Price: BUSINESS SOLD Revenue: not disclosed Cash Flow: not disclosed

Business Summary

PRIME LOCATION RETAIL UNIT ON BUSY HIGH ROAD
REF: C/516
LEIGH-ON-SEA, ESSEX JUST £10,000 (Negotiable) LEASEHOLD


• PROMINENT AFFLUENT AREA

• RENT JUST £12,500 PA

• LEIGH-ON-SEA HIGH ROAD

• ILL HEALTH/RETIREMENT SALE

• IMMACULATE THROUGHOUT • WAS RUNNING AS GIFT SHOP & TEA ROOM

• 850 SQ FT UNIT RETAIL

• FULL A1 LICENCE

• MASSIVE REALISTIC POTENTIAL

• PRIVATE PARKING TO REAR
Premises & Location:

The unit is situated in a highly desirable and enviable Town location within Leigh-On-Sea, Essex. The premises is ideally located close to Post office as well as other sole traders and would be ideal for a tea rooms.


Tenure:

We have been informed via our Vendor that the premises is offered with a new 4 years lease at a rental of just £12,500 PA.

Business Rates:

The business qualifies for Small Business Rate Relief and currently is £5500 PA

Price:

We are instructed by our Vendor Client to offer this retail unit with a new 4 lease, at a realistic price of just £10,000 (negotiable) the premium is for the benefits of the lease and prominent potion on the high street.


Agent Note:

The units has been well known in the past and has had a previous long established trading history as a ladies gift shop and tea rooms. The business is currently trading but the premises will be offered with vacant possession, the premium of £10,000 for the benefits of the lease and prominent potion on the high street. Should any prospective purchaser be interested in the business or any of the fixtures and fittings, this would be by way of separate negotiation.

Terms:

Each party, Vendor and Purchaser are responsible for their own legal fees, with the additional cost of the landlord’s legal fees.


Viewing Arrangements:

By prior appointment with PPS on 01702 667111.

Property Details

Property Type:

Lease

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