Market End, Colchester, CO6

Location

The premises is situated in a highly visible location within the town center on a busy t-junction and is surrounded by a vibrant mix of independent retailers along with being in close proximity to the local free car park.

Tenure

Currently on a rolling 6 month agreement at a rental of £7,200 per annum exclusive.

Premises

A terrace retail shop with facia board, glazed frontage and single entrance door leading into the premises which measures approximately 219 sq. ft. and is arranged as follows:



MAIN SALES AREA measuring approximately 14' 1" x 14' 10" = 210 sq ft. with high ceilings, hanging lighting, wood flooring, bench style seating for 6 covers, display drinks fridge, crisp display stand, shelving, cake display stand, heated display counter, double panini press, wall mounted chalkboard style menus and a serve over counter. Behind the counter is a coffee machine, coffee grinder, sink, till, wash hand basin, triple under counter display fridge, and double pizza oven.



At the back right of the premises is a WC measuring approximately 2' 11" x 2' 11" = 9 sq. ft. with a hand wash basin.

Trading Hours 1

Monday - Friday 9 am - 3 pm. Closed Saturday and Sunday.

Trading Hours 2

Monday - Friday 9 am - 3 pm. Closed Saturday and Sunday.

Staff 1

The vendor operates the business by themselves on a full time basis.

Staff 2

The vendor operates the business by themselves on a full time basis.

Turnover 1

We are advised turnover averages approximately £100,000 per annum, working to the usual high gross profit margins associated with the trade.

Turnover 2

We are advised turnover averages approximately £100,000 per annum, working to the usual high gross profit margins associated with the trade.

Business Rates

Zero business rates payable, should small business rate relief apply to a purchaser.

Legal Costs

Each party to be responsible for their own, with the landlords legal cost to be split 50/50.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.