Commercial Property for sale

Bakewell, Derbyshire, DE45

Offers in Region of 2,165 sq. ft. | £100,000

Property Description

Commercial information

  • 2,165 sq ft (201 sq m)

Key features

  • Second generation retail sales business
  • Consistent turnover and gross profit margin
  • Prominent central location
  • Close to established major tourist businesses
  • Extensive sales area with dual access
  • Excellent business opportunity

Full description

Tenure: Leasehold

Location
Bakewell is a historic market town and the primary economic centre of the Peak District National Park, retaining a parish population of 3,900, but receiving substantial volumes of tourist visitors annually, being well placed for major local attractions such as Chatsworth House and Haddon Hall.

The town's retail centre runs along Matlock Street, Rutland Square and Bridge Street, in filled by a series of attractive arcades and courtyards, bordered to the south and east by the River Wye, the towns car parks and agricultural centre.

The town retains a diverse combination of retail, restaurant, café and leisure content, with recent additions including Costa Coffee and Fatface. The centre continues to attract investment with a retail scheme under development on Bridge Street and traditional attractions such as the weekly market remain highly popular.

The Business
This is a second generation retail business specialising in the sale of giftware, predominantly to annual tourist visitors.

The business results are consistent with a robust turnover and gross profit of 50%.

The business trades as a partnership, with two full time and three part time employees, giving considerable scope to plan the business management.

Accommodation
Trading from a multi-storey building, with ground floor retails sales, first and second floor amenity and storage accommodation, comprising:

Floor Sq m Sq ft
Ground 122 1,313
First 35.3 380
Second 43.8 472
Total 201.1 2,165

Business Rates
The property has a Rateable Value of £28,648 of which the rates payable for 2016/17 is £14,164.50.

Energy Performance Certificate (EPC)
The EPC is available on request. The property has an EPC rating of TBC.

Disposal Terms & Asking Rent
A tenant internal repairing and insuring lease (including responsibility for the retail frontages) for a term of five years at a rent of £45,000 per annum.

The business is For Sale at offers over £100,000.

Legal Costs
Each party to bear their own costs.

VAT
All prices are quoted exclusive of VAT at the prevailing rate.

Viewing and Further Information
All enquiries to:

fidler taylor
Contact: Mark Renshaw
01629 580228 ext 3
commercial@fidler-taylor.co.uk

Fishwick&Co
Contact: Stephen Fishwick
01246 558995
info@fishwickandco.com


Nearest station

  • Grindleford (6.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fidler Taylor, Matlock

Archway Estate Office Crown Square Matlock DE4 3AT

01629 358000 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 station

  • Grindleford (6.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fidler Taylor, Matlock

Archway Estate Office Crown Square Matlock DE4 3AT

01629 358000 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.

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