Property description

LOCATION
Cromwell Road is situated in the North Central area of Blackpool, between Claremont Road and Handsworth Road in a heavily populated residential area.

Property Reference KEL3475

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Ground Floor

Double fronted sales shop with suspended ceiling (7m x 4m); kitchen (2m x 1.5); wc and wash hand basin; rear store (3m x 4.5);



First Floor

Flat: Lounge (4m x 2.5); kitchen (1.6 x 3.1); bedroom (3m x 3m); bathroom with bath, wc, wash hand basin and step-in shower (2.9 x 2.4).



Exterior

Rear yard with separate access to flat.

Business
The business trades 7 days week, 8am to 10pm. Fully equipped sales area with refrigerated displays, upright fridges, Epos till, CCTV, ATM (free loan), modern adjustable display shelving, etc. A full inventory will be prepared prior to exchange of contracts. Takings average £12,000 week net of VAT with a turnover figure in excess of £620,000 (2014) with a gross profit margin of 16% and adjusted trading profits in excess of £60,000. Additional income this year from Lottery commission of £55/60 week and ATM £70/80 month.

Services
All mains services connected plus central heating, double glazing and CCTV. EPC rating: G



Tenure

Freehold or Leasehold - New FRI lease - negotiable - Rent £10,400 pa.

Stock
Approximately £16,000

Viewing
STRICTLY BY PRIOR APPOINTMENT THROUGH OUR OFFICE 01253 420420

Property Features :

• Freehold Mid Terraced 2 Storey Property Located in a densely populated residential area
• Double Fronted Fully Equipped Sale Shop approx 300sq ft plus rear store, kitchen and WC
• Separate Rear Access to Self Contained 1 Bed Flat
• Average Turnover £12,000 week net of VAT with a gross profit of 16% and strong net profits
• Paypoint and Lottery scratch cards