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Price Reduced !
Good profitable return
Many commercial business units in the locality
Located in a densely populated area
Close to Blue Coat School
This concern benefits from passing trade as well as repeat custom but is missing out on the much lucrative day trade being close to many commercial businesses as well as residential housing. The business currently trades over short hours in the evenings only and currently takes on average £1700 per week as advised by the owner. The current owner has never actively marketed the business nor traded during the day. There is enormous potential here for a new owner to promote the business and increase the sales substantially by increasing trading hours. The premises provides excellent facilities with adequate seating area to the main retail area, service counter and an impressive kitchen with a selection of commercial equipment, extractor system, washing, prep and storage area. To the exterior (side) there is a private drive which can accommodate up to 2 cars. The unit has planning consent for A3 uses and would suit a number of cuisines including a much needed fish and chip shop/cafe or alternate uses subject to planning permission.
Nia commercial area: 843 sq ft (78.36 sq m) EPC rating commercial: B
(All measurements have been taken compliant to the RICS code of measuring practice. These measurements have been taken in metric and converted to the nearest imperial equivalent)
Restaurant area 1 (Retail Area): 392.12 sq ft (36.43 sq m)
Kitchen 1: 161.24 sq ft (14.98 sq m)
WC (Retail Area) and staff toilet: 65.12 sq ft (6.05 sq m)
2 storage rooms totalling: 515.80 sq ft (20.90 sq m)
Rental/Price Rental - £5200 per annum (£100 per week) initial 12 month rent followed by £125 per week. Business price – oiro of £11,000 .
With reference to the Valuation Office Agency website, the property has been assessed for uniform business rates with a rateable value in the 2016 Ratings List of £6600. Further enquiries should be made with the business rates team to confirm the actual rates payable (small business rates relief apply for properties with a rateable value between £6,001 and £12,000).
The premises are also available To Let by the way of a new effective full repairing and insuring lease for a term of years to be agreed incorporating three year rent reviews where applicable or can be bought
The prices and/or rentals quoted are exclusive of VAT (if applicable)
Prospective Tenant is to be responsible for their own legal costs as well as the Landlord’s.
On street parking is available to the front and sides.
We have been advised that all mains services are connected.
We endeavour to make our sales and lettings particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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For more information about this property, please contact Maya Property Services Ltd, OL1 on 0161 937 6737 * (local rate)
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Maya Property Services Ltd, and do not constitute property particulars. Please contact Maya Property Services Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.