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Commercial property to rent

Broad Street, Lyme Regis, DT7

Guide Price £25,000 pcm| £5,769 pw

Property Description

Letting information:

Furnishing: Not Specified

Key features

  • For sale as a going concern
  • Or as a vacant shop
  • Grade II Listed
  • Unique retail shop

Full description

FOR SALE AS A GOING CONCERN OR A VACANT SHOP
LADIES' FASHIONS AND ACCESSORIES BUSINESS IN AN IMPRESSIVE PERIOD PROPERTY



The property is available either as a vacant shop or as a going concern.

Onni is a unique independent retail shop selling quality ladies fashion and accessories from international suppliers.

However, as the Finnish name applies, Onni has a Nordic/Scandinavian feel with many of the suppliers and designers from Finland, Sweden and Denmark. All suppliers have been chosen for their quality and ethical approach to manufacture. Well established for over twenty years the business has a large number of loyal local customers, as well as customers throughout the UK and abroad.

The shop premises are part of Sherborne House which is a Grade II Listed building, the shop itself having been change to a butchers shop around 1895. The period wall and floor tiling and hanging rails, offer clean, low maintenance and efficient sale areas for the current purpose (i.e. clothing).

The shop area is divided into two rooms with 2 changing cubicles in the rear room with room for a third if required.
Heating in winter is provided by 2 night storage heaters, one in each area and a third in the rear stock room. Toilet facilities consist of a separate W.C. and wash basin while the kitchen area has a sink unit with an electric water heater.

Shop Areas:

Main shop (5m x 6.5m) 32m/sq.

Rear shop (4.5m x 4m) 18m/sq.

Staff kitchen/toilet (3.3m x 2.7m) 8.9m/sq.

Stock room (3.5m x 2.5m) 8.7m/sq.

Outside area (3m x 1.2m) 3.6m/sq.

THE BUSINESS
There has been a high quality ladies clothing business trading from 35 Broad Street for some 20 years (Onni 6 years) and it is only now being offered for sale as the proprietors are retiring and moving abroad.
We understand turnover for 2014/15 was £114,000 (excl. VAT). Further trading figures are available for seriously interested applicants.

THE LEASE
10 year lease from 2010 on Full Repairing and Insuring Terms. Current annual rent £12,500.

Rateable Value £8,300
Rates Payable £4,017.20 to 31.03.17

Please note: Small Business Relief up to 50% may be available from West Dorset District Council.

Viewing
Strictly by appointment with the vendor's agents, Martin Diplock Estate Agents & Valuers, 36 Broad Street, Lyme Regis on (01297) 445500.

Local Authority - West Dorset District Council (01305 251010)


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