**assignment of lease and sale of business* A prime retail location in the centre of the main shopping street of the University town and seaside resort of Aberystwyth, a commercial premises offering 360sqf of ground floor modern lock-up shop with cellar accommodation with further accommodation available on the first and second floors, being ideal for storage and office use. The sale of the business will include stock, fixtures and fittings and all social internet identity/branding. The sale will include "Iago Ystwyth Ltd" a registered company.
Situation And Location
Situated in a prime retail location on the main street of Aberystwyth town centre with the main national companies neighbouring. The University town and seaside resort of Aberystwyth offers excellent social, educational and shopping facilities.
The main property was built of traditional masonry brick walls part stone which support a pitched roof laid with slate.
The accommodation is arranged as follows:
Retail Shop (24' x 18'10 (7.32m x 5.74m))
With central door and double display window.
Rear Sales Area (10'6 x 6' (3.20m x 1.83m))
Basement/Cellar (16'9 x 12' (5.11m x 3.66m))
Approached by enclosed staircase. Ideal for storage.
Approached by easy rise staircase with second side access available.
Main Room (21'10 x 13' (6.65m x 3.96m))
Approached by easy rise staircase leading to:
With door to:
Rear Room (12'10 x 9'10 (3.91m x 3.00m))
Front Room (12' x 8'7 (3.66m x 2.62m))
Other Room (11'8 x 8' (3.56m x 2.44m))
A side alleyway provides access to the side and rear of the property.
Mains electric, water and drainage connected.
Current rateable value of the property is £24,250
The rent passing is £25,000 per annum (£2,100 per month)
The lessee is assigning the original lease with the current rent passing of £25,000 per annum. The sale of the business includes fixtures, fittings and stock.
This is an excellent opportunity of purchasing an up and running business entity with a good selection of household accessories and gifts for all occasions. The present owner is selling her businesses due to a change of working circumstances. The present owner also operates a similar shop in Newcastle Emlyn which has been established for some 8 years. There is opportunity of acquiring two business entities subject to availability. The business entity in Aberystwyth is known as 'Iago Ystwyth Ltd' and the sale is to include fixtures, fittings and stock of the Aberystwyth shop only. The property currently employs 1 full time person and a part-time Saturday worker. The stock is sourced from a mixture of various suppliers and all of the contacts will be part included in the sale of the business.
Whilst we endeavour to make our sales details accurate and reliable they should not be relied on as statements or representations of fact and do not constitute any part of an offer or contract. The seller does not make or give nor do we or our employees have the authority to make or give any representation or warranty in relation to the property. Please contact the office before viewing the property. If there is any point which is of particular importance to you we will be pleased to check the information for you and to confirm that the property remains available. This is particularly important if you are contemplating travelling some distance to view the property. We would strongly recommend that all the information which we provide about the property is verified by yourself on inspection and also by your conveyancer, especially where statements have been made by us to the effect that the information provided has not been verified. Lloyd herbert & jones have not tested any electrical wiring, plumbing, drainage or other appliances. The mention of any appliances and or services within these sales particulars does not imply that they are in full and efficient working order.
The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations. Appropriate examples include: Passport/Photo Driving Licence and a recent Utility Bill.
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