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Retail Property (high street) for sale

West Street, Rochford, Essex, SS4

720 sq. ft. | £49,500

Property Description

Commercial information

  • 720 sq ft (66 sq m)

Key features

  • Long Established Butchers
  • In Historic Market Square
  • Consistent Profits Over Many Years
  • Open Monday-Saturday 8am-5pm
  • Renewable Lease/Sensible Rent
  • One Bedroom Owner Flat Above

Full description

Tenure: Leasehold

Gleadell Meats has been Rochford's favourite Butchers now for some 15 years. The property was in fact used as a Butchers for many years before the current owner. Very traditionally fitted with more than adequate cold storage as well as additional external cold storage, kitchen and ancillary space. Rear yard with a WC and space for 1 parked vehicle, and to the rear, in Roche Close, 2 car parking spaces. At first floor, a one bedroom flat ideal for owner/occupiers.

Business Rates 
The 2010 rateing valuation shows an adopted value for the ground floor of £6,800. After small business rates relief, there is a liability of only £1,590 per annum, which includes Council Tax in respect of the flat above.

Ground floor totalling approx. 720 sq.ft. The principal retail space comprises some 420 sq.ft. with a fully tiled floor and mainly tiled walls. Glass fronted display/serve-over counter. Small preparation area behind with access to a walk-in fridge. Access from here also the the rear yard with outside WC, concreted hard-standing, parking and covered cold stores and additional car parking with 2 spaces. To the rear there is a kitchen/preparation room, storeroom with 2 fridges, access to the flat above and secondary access to the rear yard.

Residential Accommodation 
At first floor with a domestic kitchen, hallway, bathroom/WC, large lounge and a double bedroom.

The Accounts of the business for the year ended 31st May 2016 show sales of 283,870 with a gross profit of £87,821.

The business is run by the vendor, with 2 staff and one Saturday assistant.

Monday to Saturday 8am till 5pm.

Leasehold. The current lease is due for renewal in December 2018.

£12,750 per annum, payable quarterly in advance.

More information from this agent

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