Retail Property (high street) for sale

Bellegrove Road, Welling, DA16

£20,000

Property Description

Key features

  • MODERN SANDWICH BAR WITH 8 COVERS
  • MAIN ROAD POSITION / AREA OF HIGH FOOTFALL
  • ADVISED WEEKLY SALES OF £650 (GP 60%)
  • SCOPE FOR FUTURE GROWTH
  • INTERNAL VIEWING IS STRONGLY RECOMMENDED

Full description

Tenure: Leasehold

LOCATION:
The subject property enjoys a strong trading position in the centre of Welling and benefits from a high volume of passing trade. The immediate surrounding area is an established retail area and nearby businesses include, Boots Opticians, Superdrug, Screwfix, Mcdonald's, Ladbrokes, Paddy Power, KFC, Lloyds, Poundland and many independent and specialist retailers. Bellegrove Road and Welling High Street is a very busy local thoroughfare, buses frequently pass the door and Welling railway station is within easy walking distance.

DESCRIPTION:
The premises comprise of a ground floor lock up premises which has a well presented floor area of approximately 180 square feet including window seating for up to 8 persons. To the right corner is a door to a WC and wash basin. The shop is well equipped with modern fixture and fittings which include a serve over display chiller, upright soft drinks chiller, espresso machine, toaster, panini machine, microwave oven and a sink unit plus worktop.

The business which is open to trade 6 days a week from 9am through to 4pm is owner operated with the help of a part time assistant who covers from 11am to 2pm.

The menu includes rolls, sandwiches, baguettes, toasties, panini's, soup, jacket potato's, salads, frappes, smoothies/milk shakes and coffee.

Custom is drawn from local businesses, passing trade, a small delivery round and some outside catering. There is customer parking directly in front of the premises.

TRADING INFORMATION:
At the time of our inspection we were able to discuss recent trading levels with our client who advised us the weekly sales ranged between £600 & £700 (GP 60%). Interested applicants are advised to make their own confirmation with regards sales.

We feel business could be increased by extending the trading hours and expanding the delivery rounds and outside catering service.

TERMS:
We understand that the business is held on a lease that expires in May 2020 at a passing rental of £7,500pa

In addition, there is a service charge which includes management charges and fire alarm test which equates to a quarterly charge of £1,912.

RATES:
We understand from Bexley council that the rates payable for 2016/2017 are £2,178 are and the rateable value is £4,500.








Energy Performance Certificates (EPCs)

Nearest stations

  • Welling (0.1 mi)
  • Falconwood (1.1 mi)
  • Bexleyheath (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hummerstone & Hawkins, Welling

144 Welling High Street, Welling, DA16 1TN

020 8012 6180 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

  • Welling (0.1 mi)
  • Falconwood (1.1 mi)
  • Bexleyheath (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hummerstone & Hawkins, Welling

144 Welling High Street, Welling, DA16 1TN

020 8012 6180 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 HUMME_000319. 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 Hummerstone & Hawkins, Welling. 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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