Commercial Property for sale

New Union Street - CV1

£79,950

Property Description

Commercial information

  • Business for sale

Key features

  • WT £4,000
  • Prime trading location
  • Low overheads
  • Well established

Full description

Tenure: Leasehold

DESCRIPTION
The property is located in Coventry City Centre and is surrounded by many offices and other retailers and also enjoys a high level of foot fall. The business has been established since 1968 and has been operated by our client since 1999.

The business offers customers a wide range of items and although a small retail area (kiosk) all items are passed over the counter so enjoys no wastage.

The business currently turns over £4,500pw and has great potential to increase this further with the introduction of sandwich delivery rounds that could be distributed from the kiosk as well as increasing newspapers deliveries to the surrounding offices.

This is a unique opportunity in a prime trading location with areas of growth an opportunity not to be missed for a first time buyer or experienced purchaser.


Sales
Currently shop sales average £4,500 approximately.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday — Friday 6:30am — 5:00pm
Saturday 6:30am — 1:00pm


STAFF
Managed by the owners.

Building External
The business operates from a kiosk.

BUILDING INTERNAL
The retail area is complete with shelving and racking for the sale of newspapers and magazines, confectionery, tobacco, greetings cards, sandwiches, hot and cold drinks, ice cream, medicines as well as offering E-Pay and also a dry cleaning service.



TENURE
The business comes to the market as leasehold with a current rent of £7,000 per year, this lease is due to expire 2025.

New lease terms to be negotiated with landlord.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Nearest stations

  • Coventry (0.3 mi)
  • Canley (1.6 mi)
  • Tile Hill (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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

  • Coventry (0.3 mi)
  • Canley (1.6 mi)
  • Tile Hill (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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 35645. 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 ALTIUS GROUP LIMITED, Kings. 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.

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