Retail Property (high street) for sale

Lucius Street, Torquay

Sold STC £30,000

Property Description

Full description

Tenure: Leasehold

LOCATION
This is a great opportunity to purchase a well established going concern business in a popular retail parade.

Lucius Street is close to the town centre and is easily access-able with parking nearby.

The business was established by the Vendor 12 years ago and now with the arrival to the other addition to the family, it is now time to seek a new owner.

The business employs 2 full time and 1 part time members of staff and opens 5 days a week.

The business until recently also had a self employed beautician renting the beauty room although they have left so it presents an ideal opportunity to the to the beauty therapists to accommodate their current business with the added benefit of the hair salon income.

The Vendor has until recently been working 1-2 days a week but now acts purely in a managerial role.

Full details of turnover and accounts will be made available to interested parties once they have viewed and provided the ability to proceed.

ACCOMMODATION
Lock up ground floor shop.

A well presented salon extending to some 35m2 (376 sq ft) including reception area.

4 Cutting stations, 2 wash unit stations.

Beauty Room

Kitchen/ Utility room, WC & wash hand basin.

Lease
The premises are held on a 5 year lease from September 2014 at a rental of £550 pcm.
£6,600 p.a. - We understand that a new lease is available from the Landlord if required.

TERMS
Price
£30,000 for the Lease, Good Will, Fixtures and Fittings SAV.

OUTGOINGS
Rates
Ratable Value £5,400 - Qualifies for 100% exemption via small business relief.

VAT
VAT
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

VIEWING
Viewing
Strictly by prior appointment.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Torquay (0.5 mi)
  • Torre (0.5 mi)
  • Paignton (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Waycotts, Torquay

The White House 42/44 The Terrace Torquay TQ1 1DE

01803 367067 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 stations

  • Torquay (0.5 mi)
  • Torre (0.5 mi)
  • Paignton (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Waycotts, Torquay

The White House 42/44 The Terrace Torquay TQ1 1DE

01803 367067 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 100863004587. 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 Waycotts, Torquay. 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.