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Commercial Property for sale

MUSIC SHOP BUSINESS FOR SALE - Huntriss Row, Scarborough, North Yorkshire YO11 2EF

Sold by Us £25,000

Property Description

Full description

Tenure: Leasehold

Ever wanted to run your own guitar and music shop? Scarborough Music is a local independent music store that has been established for over 9 years selling new musical instruments, amplifiers, musical equipment, books, sheet music, music accessories and music gifts. The business comes with good trading accounts, stock, a website and their online Amazon shop which helps sell many items to the UK and Europe. The shop is located in the heart of Scarborough Town Centre on Huntriss Row with a retail area of approx. 600 sqft plus an additional 220 sqft of storage space. This business would be perfect for an owner operator with an interest in music and it is ready to go!

LOCATION: The shop is located on Huntriss Row in the heart of Scarborough Town Centre's pedestrianised precinct. Huntriss Row is one of the busiest streets within the town centre and is home to national banks, restaurants and many independent local retailers including jewellers, cafes, clothes shops etc.

THE BUSINESS: The business has been established for over 9 years as a local independent music shop selling a full range of new musical instruments, drums, amplifiers, music books, sheet music and other accessories. The shop is open 6 days per week from 9.30am to 5.00pm and has a good customer base both local and online. Audited accounts to support the asking price are available on request to bone fide applicants. The business also has its own Amazon shop which boosts sales to the UK and Europe. Scarborough Music are the main suppliers of Tanglewood, Yamaha, Korg, Aria, Eko and Casio in the area.

LEASE: There is a lease in place which expires on the 31st May 2020. The current rent is £6,000 pa (£500 p.c.m) which is paid quarterly in advance. The lease is an Internal Repairing and Insuring lease meaning that the tenant is responsible for the internal repairs and maintenance and also contributing proportionally towards the cost of the building insurance. Alternatively a new lease may be made available direct with the Landlord subject to agreeing terms and referencing.

BUSINESS RATES: The shop has a current Rateable Value of £3,500. We are verbally informed by the vendor that the premises receive 100% rate relief. Interested parties are advised to contact the Local Taxation Department to confirm the rates payable on 01723 232323.

ENTRANCE: The shop, although at first floor level has its own independent entrance at ground floor level adjacent to the entrance to Moments, which is a woman's clothes shop.

THE SHOP: 44ft 15ft 1 inches [13.41 x 4.6 m] The shop is at first floor level and is a walk through store divided into four sections totalling approximately 600 sqft. The front sales area has a bay fronted window overlooking Huntriss Row, hard wearing carpet, retail slat wall covering, glass display and service counter and fluorescent strip lighting. The rest of the retail area has the same fixtures and finishes with the inclusion of security bars over every window. There is a phone line into the shop for internet and there are plenty of electrical sockets.

KITCHENETTE: 11ft 5 inches x 9ft 8 inches [3.48 x 2.95 m] There is a kitchenette at the top of the stairs at first floor level which includes a sink with running water, electric point, toilet and fire escape door.

STORE ROOM: 14ft 8 inches x 14ft 8 inches [4.47 x 4.47 m] There is a store room at second floor level accessed via a full staircase. The store room has original timber floor boards, plaster and painted walls and ceiling and a single pendant light fitting. There is also a window fronting Huntriss Row allowing plenty of natural light into the room.

VIEWING: Viewings of the property are to be arranged strictly via the sole agents Colin Ellis - 01723 363565.

COMMERCIAL DISCLAIMER: Unless otherwise stated, all prices and rentals quoted are exclusive of any VAT to which they may be subject. Specific enquires should be made of the vendor/landlord for clarification prior to entering into any arrangement or agreement. These particulars are a general outline only, for the guidance of prospective purchasers or tenants and do not constitute the whole or any part of an offer of contract. Colin Ellis Property Services cannot guarantee the accuracy of any description, dimensions references to condition, necessary permission for use and occupation and other details contained herein and prospective purchasers or tenants must not accept as statement of fact or representation and must satisfy themselves as to their accuracy. The reference to any plan, machinery, equipment, devices, fixtures, or fittings at the property shall not constitute a representation unless otherwise stated as to the state or condition or that it is capable of unfulfilling its intended function. Prospective purchasers/ tenants should satisfy themselves as the fitness of such items for their requirements. Colin Ellis Property Services will not be liable in negligence or otherwise nor anyone arising from the use of these particulars. No employee of Colin Ellis Property Services has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property.

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The shop is located on Huntriss Row in the heart of Scarborough Town Centre's pedestrianised precinct. Huntriss Row is one of the busiest streets within the town centre and is home to national banks, restaurants and many independent local retailers including jewellers, cafes, clothes shops etc.

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