Commercial Property for saleUnit 5, The Waterside Building, Seaham, SR7
Sold STC £30,000
One full year accounts are available, and can be inspected BY GENIUINELY INTERESTED PARTIES ONLY. This shows and annual turnover of £70,000 approx and a gross profit of £22,000 approx. This is a relatively young business, with potential for growth.
Occupation will be on the basis of an assignment of the present lease, which is from May 2014, for a term of 10 years at a rent of £4904 (plus VAT) pax.
A service charge is payable to the "management company" to cover the upkeep of common areas, exterior fabric, communal WC's, Building Insurance etc. The annual payment was £2760 (plus VAT).
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