Retail Property (out of town) for sale

Fenton Crescent, Measham

Offers in Region of 700 sq. ft. | £35,000

Property Description

Commercial information

  • 700 sq ft (65 sq m)

Full description

Tenure: Leasehold

LOCATION
Located in a residential area of Measham, Leicestershire

DESCRIPTION
Newsagents and Off- licence Business for sale, located in the heart of a residential area in Measham, surrounded by takeways and local businesses. The property is located on the ground floor only with main shop area, storage, kitchen and WC. There is rear access into a shared off road car park.

Rent Payable Per Annum = £7500 (£625pm) exclusive of bills

WE ARE INFORMED the turnover averages £5,000 p.w.

Gross profit 25% approx.

TO INCLUDE GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£20,000 approx.)

Trading hours:

Monday - Thursday inclusive - 7.30 a.m. - 8 p.m.
Friday - 7.30 a.m. - 9 p.m.
Saturday - 7.30 a.m. - 9 p.m.
Sunday opening - 8 a.m. - 4 p.m.

ACCOMMODATION
Internal area: 700 sq. ft approx.

SERVICES
All main services are connected however have not been tested by the agents

TERMS
Lease Terms:

The property currently has 17 years remaining on the lease, potential to increase.

There is a break clause every 3 years

OUTGOINGS
Nil payable at present after small business relief

VAT
Payable

LEGAL COSTS
Incoming party liable for all legal cost

PARKING NOTES
There if off road parking to the rear

OTHER
**Are you looking to SELL or LET your BUSINESS OR PREMISES? We have local experts that can help with all your Commercial/Brokerage needs, give us a call or visit our website for more information**

VIEWING
Viewing strictly through sole agents


Nearest station

  • Polesworth (6.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Reign Commercial Limited , Leicester

58 Regent Road, Leicester, LE1 6YJ

0116 452 0255 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Polesworth (6.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Reign Commercial Limited , Leicester

58 Regent Road, Leicester, LE1 6YJ

0116 452 0255 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 101592000323. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reign Commercial Limited , Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.