London Properties are pleased to offer to the market the market this well established village convenience store.
- Property Type: Retail
-
Albrighton, WV7
Price £5,700 pa - September 2020
London Properties are pleased to offer to the market the market this well established village convenience store.
LOCATION: Albrighton is a large village and civil parish in Shropshire. It is located 7.5 miles northwest of Wolverhampton and is best described as a dormitory village for the city. It is 11.3 miles from Bridgnorth. The village has a railway station, which is on the Shrewsbury to Wolverhampton line. Very close by is RAF Cosford and the M54 motorway.
DESCRIPTION: Windows and glazed door to front creating a light, airy and inviting interior, tiled floor, fluorescent lighting, perimeter shelving, open dairy chiller, glass topped food freezer, ice cream freezer, confectionery shelving, bespoke counter with generous wrapping area, card machine, till and lotto machine, metal crisp racking to front, long open drinks chiller, 7 camera CCTV System, monitored alarm system, greeting card carousel, kitchenette, stock room & WC
BUSINESS: The Business occupies a prominent position in the center of the village. The business is nicely presented and maintained with clear visible signage and distinctive pink livery. There is free on street parking immediately outside the premises
USES: A1/A2
PREMIUM: £24,950 Guide price for the benefit of the lease, fixtures, fittings and goodwill
RENTAL: £5,700 per annum
TERMS: Approximately 3 ½ years remaining and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.
BUSINESS RATES: Nil. All interested parties are encouraged to make their own enquiries with local authority
SIZE: Approximately 710 sq ft
OPENING HOURS: Currently Flexible working hours before Monday - Saturday 8:00 a.m till 9:00 p.m & Sunday 8:00 a.m till 6:00 p.m
STAFF: Owner managed with 2 part time staff
TURNOVER: Current turnover in excess of £85.000 per annum approximately. In our opinion offering further potential to increase in the right hands.
ACCOUNTS: Available on viewings
LEGAL COST: To be confirmed
LOCAL AUTHORITY: Shropshire
ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 98- D Rating. C copy of this property’s energy performance certificate is available on request.
REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non- refundable after the references have been taken up, whether they are accepted or not by the Landlord
HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS: Through London Properties by appointment only
Tenure : Leasehold
Deposit amount : £548.10
- Available From: 07 Sep 2020
- Reference number: church_WV7
Additional Details
Property Features
- Furnishing: Furnished
- Tenure: Leasehold
- Microwave
- Full Double Glazing
- Class: A1 : Shops
- Size: 710