Commercial Property for saleUnit 5, The Waterside Building, Seaham, SR7
Sold STC £30,000
Substantially reduced to secure an immediate, if reluctant, sale, this is an opportunity not to be missed. This is a well-established up-market gift shop, selling quality goods. It has a substantial numbers of repeat customers, supplemented by visitors tempted to the increasingly popular Seaham Harbour Marina development- a sea - front facility attracting world-wide visitors throughout the year. Successfully and profitably trading for 2 years, this is a sale required due to a change of circumstances, and an opportunity for a new proprietor to continue the excellent work already carried out by the present owner - and all at a seriously tempting price. For goodwill fixtures and fittings, we seek a reduced price of £30,000 (plus stock at valuation)
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).
More information from this agent
To view this media, please visit the on-line version of this page at www.rightmove.co.uk/commercial-property-for-sale/property-45542343.html
Energy Performance Certificate (EPC) graphs
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference HLS160075. 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 Kimmitt and Roberts, Houghton Le Spring. 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.
* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com
Map data ©OpenStreetMap contributors.