Shop for sale
Property description & features
- BUSINESS FOR SALE Greeting Card, Gift & Party Decoration Business For Sale
- An Independent & Long Standing Business
- Located Within A Busy Parade Of Shops On Market Street, Benefitting From Excellent Passing Trade & High Footfall
- Established in 1988
- Specialising In Greeting Cards, Gifts & Party Decorations
- G/F: Sales Area, Store, Kitchen, Shower Room & WC
- Basement With Potential To Be Used As An Additional Retail Area
- Total GIA: 1,361 Sqft (127 sqm) approx.
Location
This property is situated within a busy parade of shops on Market Street, which is off Millstone Lane and Horsefair Street in Leicester City Centre. The property is in close proximity to Leicester Railway Station, Highcross Shopping Centre, both of Leicester's Universities and much more and benefits from excellent passing trade and high footfall.
Description
An independent and reputable business for sale which was established in 1988, specialising in greeting cards, gifts, balloons and party decorations and has been serving Leicester and the surrounding areas with a bespoke service. This well-loved business has built an excellent reputation and benefits from a loyal customer base and excellent passing trade. Moments occupies a prominent position on Market Street and comprises of a ground floor retail area with a kitchen and shower room to the rear, and a basement with ample storage which can be used as an additional retail area.
Accommodation
All measurements are approximate: Ground Floor: Sales area: 729 sqft (67.7 sqm)Store, kitchen, shower room: 181 sqft (16.8 sqm)Ground floor GIA: 910 sqft (84.54 sqm)Basement: 451 sqft (41.9 sqm)Total GIA:1,361 sqft (127 sqm)
Terms
To be let on a 5 year FRI lease at a rental of £19,500 per annum exclusive, with 3 yearly rent reviews.
Sale Price
£49,500 premium for goodwill, including fixture and fittings.
Rating Assessment
Description: Shop & premisesCurrent Rateable Value: £17,250Local Authority: Leicester City CouncilRates Payable: £8,607.75Period: 1 April 2023 to present
Services
The services, fittings and appliances (if any) have not been tested by the agents.
Viewings
Kal Sangra, Shonki Brothers Ltd85 Granby Street, Leicester, LE1 6FB[use Contact Agent Button][use Contact Agent Button]
Council Tax Band: Exempt - Commercial
Tenure: Freehold
Property information from this agent
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Property reference 12543406. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Kal Sangra Shonki Brothers - Commercial.
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