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Staffordshire, ST6 7PD

Retail for rent

-
£29,000
Per annum
SOA
Space

Location: The business is located on Heathcote Street, in Kidsgrove, Stoke-on-Trent in highly densely populated residential area & also close by are local schools, places of worship and within walking distance to local transport and also by is the A50 description: Once inside, the store is well laid out and has a clean crisp feel. Our client has created a shop fit that maximizes all the available space within the building. There is a customer serving area to the front with seating for up to 15 customers. To the rear of the shop are staff toilets and a kitchen area for staff comfort. Business: This is a family run business that has been trading consistently over two decades. Our client has been in ownership since 2018 and over that time has enjoyed sales from repeat custom, referrals and word of mouth. The business has a website that handles all online sales thus eliminating the need for Just Eat and Hungry House. The business offers a great deal of potential for new owner, due to its exceptional location offering a coffee shop service during the day would be an excellent opportunity to exploit as there is no competition in the local area uses: A3 premium: £29,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill rental: £12,000 per annum terms: The lease has a ten-year term and this commenced March 2018 with rent reviews every three years business rates: An occupier should be eligible for Small Business Rate Relief upon a successful application to the local authority Stoke-on-Trent size: Approximately 686 sq ft opening hours: Monday 4 p.m - 11 p.m - Tueday Closed - Wednesday - Saturday 4 p.m - 11 p.m & Sunday 4 p.m - 10:30 p.m staff: Family run with 1 staff

London Properties on behalf of themselves and for the vendors of these properties whose agents they are, give notice that: (1) These particulars do not constitute a contract or an offer. (2) All statements made in these particulars relating to these properties are made without responsibility on the part of London Properties or the vendor. (3) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of these particulars. (4) London Properties or any person in their employment has no authority to make or give any warranty or representation what so ever in relation to these properties. (5) The above measurements were taken by a sonic measuring device and cannot be guaranteed to be 100% accurate.

Turnover: Turnover of £143,000 (2018/19) with a projected Gross Profit of £62,000 (2018/19) legal cost: To be confirmed local authority: Stoke-on-Trent reference charge: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non- refundable after the references have been taken up, whether they are accepted or not by the Landlord holding deposit: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account fixture & fittings: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition agent note: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT viewings: Through London Properties by appointment only

Property additional info

premium:

£29,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill

Features

• Oven/Hob

• Gas Central Heating

• Combi Boiler

• Class: A3 : Restaurants and cafes

• Size: 686

Listed Features

  • Restaurant
  • WC Facilities
  • Kitchen
  • Cafè
  • Heating
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