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Retail Property (high street) to rent

Albert Road, Belvedere

Withdrawn from Market £20,000 pa| £1,667 pcm

Property Description

Key features

  • HIGHLY PROFITABLE SUPERMARKET BUSINESS FOR SALE
  • HIGH WEEKLY TAKINGS ((ACCOUNTS AVAILABLE TO SERIOUS INQUIRIES)
  • 1460 SQ FT & NEWLY REFURBISHED TO EXCELLENT STANDARD
  • EXCELLENT TRADING LOCATION WITH GOOD FOOTFALL
  • GOOD LOADING & ACCESS
  • PROFESSIONAL DISPLAYS, SHELVING AND EPOS SYSTEMS IN SITU
  • AIR CONDITIONED AND ALARMED THROUGHOUT
  • COMPETITIVE RENT & SENSIBLE PREMIUM
  • EXPERIENCED OPERATORS ONLY
  • VIEWINGS HIGHLY RECOMMENDED

Full description


VERY PROFITABLE SUPERMARKET BUSINESS FOR SALE OFFERED ON LONG LEASE £20K pa PLUS £100K PREMIUM.

VIEWINGS BY APPOINTMENT ONLY!!We are delighted to offer this excellent and superbly decorated and appointed supermarket in the heart of popular Nuxley Village. Arguably occupying one of the most prominent sites in the area, this fantastic and well laid out unit boasts an established client base making it very profitable (GP 35%+) high weekly and monthly takings and consistent business 24/7. The business combines supermarket, off licence and tobacco and lottery/ticket sales to generate a fantastic income with stock to be calculated at valuation.
This established unit will be of interest to serious supermarket owners and or those wanting an established and most profitable business from which to build from. Stock to be calculated at valuation (SAV)
Viewings and further inquiries highly recommended. Harpers & Co sole agents. Contact 01322 524425VIEWINGS BY APPOINTMENT ONLY!!


HARPERS & CO SPECIAL REMARKS 
We are delighted to offer this excellent and highly profitable supermarket which occupies a principal trading position in the busy Nuxley Village. This unit located on the apex and the beginning of the Village and one way street has excellent footfall and passing trade. Very rarely does such a spec unit that is as profitable as this become available on the open market and so we recommend early viewings. We suggest this unit will appeal to experienced supermarket operators who see the true value in such an excellent unit.

LOCATION 
Nuxley Village is a popular and busy location with a good mix of shops, offices and restaurants serving the close knit local community. The Village enjoys a good reputation and rarely does a trading position such as this become available.This well sized retail/supermarket unit occupies one of the most principal and dominant trading positions in popular Nuxley Village and enjoys excellent footfall, passing trade and vehicular trade. The unit provides good access to the A2, M25 and central London.

DESCRIPTION 
This excellent unit has a gross internal area of 136 sq m (1463sq ft) and is divided into main retail area which then leads to a store room, office and WC. The unit has very recently been decorated to a very high standard with a large till and counter area occupying the front part of the unit upon entrance. The main retail area is very well decorated and has professionally fitted with all the usual retail displays and shelving one would expect from a large professional supermarket. The unit has a fully hung and integrated CAT 11 style lighting in the ceiling with a shelving and islands throughout. The unit has several high quality refrigerated drinks cabinets and refrigerated food store dispensers. The rear store room is secure and leads to a WC.

TERMS 
This excellent and highly profitable business is offered for sale on a new lease TO LET £20,000 per annum and a premium of £150,000 is also sought for the goodwill and fixtures and fittings and stock. Harpers & Co have full trading accounts and can confirm the unit is highly profitable. This sale is due to personal reasons and not because the business is weak. To the contrary we feel this is an excellent business and offers a unique opportunity to experienced operators.

LEGAL COSTS 
Each party to pay their own legal costs in this transaction.

VAT 
This property has not been elected for VAT and so no VAT is payable.

PREMIUM 
The vendor is requesting a premium of offers in the region of £150,000 for the stock, fixtures and fittings. Applicants are requested to note that this is a highly profitable unit and is being sold for family reasons, not unprofitably. Weekly takings are £20+k and and accounts will substantiate.

RATES 
Our inquiries through the VOA suggest a Rateable value of £12,750 per anum producing rates payable of £6171.00. As of next April 2017 this will be reduced by a sliding scale to be calculated. Applicants are encouraged to make their own inquiries for small business rates relief.

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Property reference 6491905. 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 Harpers & Co, Bexley.

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