For Sale: Going Concern- Established Retail Carpet Business in the centre of Somerton. Main shop area, separate office, inner lobby, kitchen and store area, outside yard and WC.
Guide Price £40,000 Leasehold (Current rental £4911.36 pa. New Lease details to be negotiated.
Due to retirement mj Carpets "The Business" and Lease for this shop will become available, terms negotiable for the new tenant. The property comprises a large shop frontage with the main shop area being 7.91m x 4.27m along with a separate office 3.34m x 2.96m, inner lobby, kitchen and store, an enclosed outside courtyard and separate wc.
The property is located adjacent to The Market Place in the centre of Somerton town and enjoys a large window frontage.
Somerton is a vibrant South Somerset town with an expanding population of some 4,700. New residential developments are currently under construction along with an existing large commercial quarter with business park, numerous retail, public houses, cafes and other commercial uses in the town centre. Somerton is situated some 12 miles north west of Yeovil and 18 miles east of Taunton and the A303 being 5 miles to the south east which provides the virtual dual carriageway link to London via junction 8 of the M3.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.