Retail property (high street) for sale
Property description & features
- Tenure: Leasehold
- Established off license business for sale
- Highly profitable with an excellent gross income
- 550 Sq Ft of retail space plus storage rooms and cellar
- Prominent corner site on a busy trading street in a popular coastal resort
- A new 9 year lease is available subject to landlord's approval
- Ideal for those wanting a lifestyle change or become their own boss
- Annual rent of £13,800 payable monthly
- Plus Stock at Valuation
This highly profitable business with excellent gross income. Although the current business owners have been trading for the past 16 years, a shop has been on this prominent corner site for more than 60 years. The premises comprise a double fronted shop with 550 sq ft of retail space with large display windows, a large storage area to the rear plus an office, kitchen, and staff WC. There is also a large cellar below which can be used for additional storage. The retail business is supplemented by having a full Lottery contract. Skinner Street has a range of independent shops, cafes and restaurants including the famous Botham’s Bakers opposite, which draws much footfall to the street from visitors and locals alike. With the shop income on the increase even during the current economic climate, this business has proved to be highly resilient. A new 9-year lease will be offered subject to the landlord’s approval and with a yearly rent of £13,000. Trading accounts are available to interested parties after registering with the selling agents.
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Broadband availability and predicted speed: obtained from Ofcom on February 16, 2024
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
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Energy Performance data and Internal floor area
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