Retail property (high street) for sale
Property description & features
.Total NIA 1,198 sq ft together with two car parking spaces to the rear
.Main road frontage and town centre location adjacent to pedestrianised areas
.Forming part of a very popular parade of mixed-use commercial units
.Opportunity to acquire the long-established Rodney Densem Wines business
.EPC: 92 (Band D)
General Description - A period mid terrace retail premises briefly
comprising an open plan sales area, to the rear of
which is a kitchen, store and WC. To the rear of the
sales area are stairs leading to an open plan
storage/office area adjacent to which is a further office.
The property has an attractive frontage with canopy
over the plate glass display window and also benefits
from an area of land to the rear of the property
providing parking for two vehicles. With the open plan
aspect, the property would suit a wide range of both
retail and professional office orientated businesses.
Location - The property has an attractive roadside frontage to
Pillory Street and forms part of a popular parade of
mixed-use commercial properties within 20 yards of the
pedestrianised part of the town centre. There is on street parking along Pillory Street, close to the property
and loading/unloading is easily facilitated as there are
double yellow lines immediately outside the property.
Business Opportunity - The property has been occupied since 1985 by Rodney
Densem Wines, a company with a longstanding and
well-established reputation locally for selling wine and
associated products, which has recently declared that
they will be closing down shortly unless a buyer of the
business can be found. As such anyone interested in
continuing the business is encouraged to contact the
agents for further information and the trading name
and goodwill together with stock at valuation can be
made available by way of separate agreement.
Services - All mains services are available. Electric heaters
installed. No services have been tested by the agents.
Vat - The sale price/rent is not subject to VAT.
Accommodation - Ground Floor First Floor
Sales: 709 sq ft Office 1: 271 sq ft
Kitchen: 30 sq ft Office 2: 138 sq ft
Storage: 50 sq ft
WC: -
Total NIA: 1,198 sq ft
To the rear of the property and accessed off Barker
Street is an area of land upon which two cars can be
parked in tandem
Business Rates - Rateable Value: £16,000
Rates Payable: £7,984 pa (24/25)
Tenure - Available by way of a new full repairing and insuring
lease for a term of years to be agreed, subject to rent
reviews every three years and with each party bearing
their own legal fees. Alternatively, the freehold is
available, subject to contract and with vacant
possession upon completion.
Anti-Money Laundering Regulations - In accordance with the anti-money laundering
regulations, two forms of identification will be required
(e.g. photographic driving license, passport, utility bill)
from the applicant and a credit check may also be
required, the cost of which will be the responsibility of
the applicant. Where appropriate we will also need to
see proof of funds.
Property information from this agent
Places of interest
Rory Mack Associates - Holly House
Holly House | 37 Marsh Parade Newcastle Under Lyme Staffordshire ST5 1BT
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