Commercial Property for sale in Ripon Street Preston PR1

Sale Price: £49,950

88 Ripon Street Preston, PR1 7UJ

Commercial Property
-- Bed(s)
-- Bath(s)
Available

 77 Watling Street Road, Preston, Lancashire
*When you call don't forget to mention Overstreet.co.uk

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Street Address

88 Ripon Street Preston, PR1 7UJ

Property description

Kingswood is delighted to bring to the market this well-established and successful leasehold business opportunity.
Operating as a fish and chip shop offering traditional fare alongside modern hot foods, this property is ideally situated in the heart of a busy and vibrant community on the fringes of the UCLAN campus.
The property has a fantastic catchment area given the fantastic location that it enjoys with a large student and residential population on its doorstep.
This fish and chip has come in within teh top ten in the lancashire evening post.
Location
The property is set within a predominantly residential area close to Plungington Road and so benefits from a high level of passing foot and vehicle traffic.
Preston City Centre and UCLAN are both just a short walk from the property.

Description
The property comprises of a traditional fish and chip shop layout with a front counter with rear preparation area.
The interest offered for sale includes all equipment contained within including frying machines, freezers, a gas oven and other associated items. The majority of the equipment is under three years old.
There is a further preparation area to the rear, whilst the property also benefits from a WC and staff area. There is also ample on-street parking in the immediate vicinity of the property.

Rates
The Rateable Value is £2,275 (according to www.voa.gov.uk) therefore the rates payable is £1,411. The business would qualify for small business rate relief.
Enquiries should be made of Preston City Council to confirm the accuracy of the above figure.

Terms
The leasehold interest has approximately 8.5 years remaining unexpired at a passing rent of £434 per month.
We have been informed that the business taking is approximately £1,000 per week.
Accounts to follow.

Measurements
Retail Zone A - 18.11sq.m
Kitchen - 9.3sq.m
TOTAL - 27.41sq.m / 295sq.ft

Services
All mains services are in place and are assumed to be in full working order.

EPC / Recommendation Report
The EPC and RR are both available from your local Kingswood office.

Viewing
Viewing is highly recommended and strictly via Kingswood only.
Please contact Kingswood on:
Preston City Centre Office - Unit 8, Fishergate, Preston, PR1 2NJ - 01772 886 555
Fulwood Head Office - 77 Watling Street Road, Preston, PR2 8EA - 01772 71 71 81
mail@kingswoodproperties.co.uk
www.kingswoodproperties.co.uk

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