Retail Property (high street) for sale

Church Street, Gainsborough, DN21

£75,000

Property Description

Key features

  • Retirement Sale of Business
  • Includes Fixtures & Fittings
  • Good Potential to Increase Business & Turnover
  • Prominent Ground & First Floor Accommodation
  • Well Established Dry Cleaners
  • EPC Rating C (73)

Full description

**Retirement Sale of Business** The owners are inviting offers in the region of £75,000 for the this well performing dry cleaning business, occupying a prominent location on Church Street close to the town centre of Gainsborough.


. 
**Retirement Sale of Business** The owners are inviting offers in the region of £75,000 for the this well performing dry cleaning business, occupying a prominent location on Church Street close to the town centre of Gainsborough.

LOCATION 
The property is located on the main Church Street in Gainsborough town centre, within a stone’s throw of the main market place and within minutes’ walk of Marshalls Yard. The area benefits from good parking allocation in a close vicinity to the property.

DESCRIPTION 
Jaczs has been trading for over 11 years establishing a great reputation across its catchment area, dealing primarily in the residential dry cleaning market. Purchasers have a great opportunity to grow the business by accessing the commercial sector and potential for a delivery service.

ACCOMMODATION 
165.73 sq m - The accommodation more particularly comprises: Ground Floor Retail 4.8m x 15.5m - 74 sq m (800 sqft Store 7.0m x 3.3m - 23.1 sq m (248 sq ft) Stores x 2 Kitchen 3.6m x 3.3m - 11.88 sq m (127 sq ft) WC x 2 Store 3.5m x 3.0m - 10.5 sq m (113 sq ft) First Floor Office 4.6m x 4.9m - 22.54 sq m (242 sq ft) Storage 6.3m x 3.7m - 23 sq m (250 sq ft)

BUSINESS 
Accounts can be made available to seriously interested parties.

LEASE TERMS 
The Purchaser will take on the existing lease in place for the business and premises. The lease term is for a period of 10 years as of 01/05/2015 at rents of £9,120pax with a rent reviews on each 3rd anniversary of the lease, within the terms of the lease, the Tenant is able to break from the lease at any time subject to 6 months’ notice. A copy of the lease can be made available to interested parties.

SERVICES 
Mains 3-phase electricity, water, drainage and gas are connected to the property; however all prospective purchasers are advised to check upon the adequacy of these supplies for their own purposes.

EPC 
The property has an Energy Performance rating of C:73. The full EPC and Recommendation Report are available upon request.

BUSINESS RATES 
Charging Authority: West Lindsey District Council Rateable Value: £8,600 UBR: 0.497 Period: 2016-2017 The current occuipers have been identified as a 'small business' and are currently benefiting from full rates relief. We recommend prospect purchasers make their own enquiries with the local authority to satisfy themselves in this regard.

VAT 
VAT may be charged in addition to the purchase price at the prevailing rate.

VIEWING 
Viewing is strictly by appointment with the sole agents: Tel: 01522 536777 Contact: Jamie Thorpe - jthorpe@pygott-crone.com Rob Waterhouse - rwaterhouse@pygott-crone.com William Downing – wdowning@pygott-crone.com

More information from this agent

Energy Performance Certificate (EPC) graphs

Nearest stations

  • Gainsborough Central (0.3 mi)
  • Gainsborough Lea Road (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pygott & Crone, Lincoln - Commercial

36A Silver Street, Lincoln, LN2 1EW

01522 418155 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

  • Gainsborough Central (0.3 mi)
  • Gainsborough Lea Road (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pygott & Crone, Lincoln - Commercial

36A Silver Street, Lincoln, LN2 1EW

01522 418155 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 LNC160128. 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 Pygott & Crone, Lincoln - Commercial. 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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