Property for sale in Victoria Road Mablethorpe LN12

Sale Price: £10,000

Victoria Road Mablethorpe, LN12 2AF

Property
-- Bed(s)
-- Bath(s)
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Street Address

Victoria Road Mablethorpe, LN12 2AF

Property description

A lock up Shop Unit with well known and long established florists business. £10,000 for the fixtures, fittings and goodwill. Offering an excellent location in one of the principal retails areas in the resort. The property will be held subject to a new lease with a 5 year term proposal. Offered with early vacant possession.

Trading Forecourt - 13' 6'' x 12' 0'' (4.11m x 3.65m)
partly covered by a CANOPY area 12'6\" x 7'0\" (3.81m x 2.13m) built on a timber framework with a clear roof area.

Retail Shop - 17' 0'' x 12' 6'' (5.18m x 3.81m)
with modern double glazed display windows set into white uPVC framework; matching double opening doors; storage area to the inside of the window; internal fittings to include low feature brick display; upper wall mounted shelving; suspended ceiling with both spot and florescent lighting.

Open Plan Service Area - 13' 0'' x 10' 4'' (3.96m x 3.15m)
with divider unit which returns to the side and rear walls having matching green surface and inner shelving; matching suspended ceiling; power points.

The Business
has been long established by the present owners who are retiring. Trading as Anne Schofield a reliable and continued trade has been the result with financial information available to genuinely interested applicants

The Lease
The property will be held subject to a new lease with a 5 year term proposal. The initial rent on a full repairing and insuring basis will be £4,500 per annum with a review at the expiration of the third year. The tenant will be responsible for payment of the business rates and service outgoings

Business Rates
Rateable Value - £3,000 Current years rates payable - £1,440

Costs
The tenant will pay the landlords proper legal costs concerning the preparation of the tenancy agreement.

£10,000
Ingoing to cover the goodwill of the business and for trade fixtures and fittings.

Property Features :

  • Lock Up Shop Unit
  • With Well Known and Long Established Florists Business
  • Excellent Location in Principal Retail Areas
  • Trading Forecourt
  • Retail Shop with Open Plan Service Area
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