Property Information
Address:
East Sussex For Sale With Nationwide Businesses
, East Susse
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH448380
Property Ref/Agent: C8465-Business for Sale
*Please use the agent ref when calling the agent directly.
Property description
Virtually Freehold (leasehold Property Approximately 123 Years Unexpired - Current Ground Rent 80 Pa) Full Free off Licence (closed Since October, 2014)
Reduced For Early Sale To 55,000 For Quick Sale or Price For The New Under-lease, Fixtures
Fittings 17,500
SINGLE FRONTED SALES SHOP in the region of 550 sq. ft. sales area with woodstrip floor, fluorescent lighting.
The equipment includes 1-2.5m open cool display unit, 1-1m open cool display unit, 1 single door glass fronted fridge, modern adjustable shelving etc.
Small stockroom
Staff w.c.
wash hand basin
Turnover
AS STATED the business has been closed we understand since October, 2014, however, in our opinion offers terrific potential for development in the right hands.
Tenure
We understand the property is leasehold having approximately 123 years unexpired at a current ground rent of 80 p.a. with reviews.
We further understand the vendor is prepared to grant a new 12 years Under-Lease at a rental of 7,800 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.
Uniform Business Rates:
Nil payable at present after small business relief
REALISTICALLY PRICED FOR EARLY SALE
Price
TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, FIXTURES
FITTINGS 55,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
OR PRICE FOR THE NEW UNDER-LEASE, FIXTURES
FITTINGS 17,500 subject to contract
;