Local store/off license with 2 bed accomm. York. Ref: C 612

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Description

This spacious property offers the opportunity to acquire a thriving business  coupled with a newly modernised self contained 2 bedroomed maisonette, ideal for owner occupation or for letting out as an investment. The property is located in a parade of local shops in a busy residential area to the east side of York, close to York University and therefore accommodating a large student population. This property and business is highly recommended

Price

£around £65,000 + sav

Details

Sales area 58.5 sq.m  having counter with cash register, cigarette dispenser,2 cold drinks cabinets, glass topped freezer, chest freezer,refrigerated dairy product display unit, shelving, cctv cameras.

Kitchen recess 3.3 sq.m with sink unit and cupboards.

Rear store 27.5 sq.m radiator, access to rear.

Maisonette

A separate front door leads to a stairscase to the:

First Floor

Lounge 4.5m x 3.3m laminate floor, radiator

Bedroom 1 3.6m x 2.7m laminate floor, radiator, gas central heating boiler. Large understairs cupboard.

Bedroom 2 3.5m x 2.7m laminate floor, radiator.

Second Floor

Kitchen / breakfast room 5.8m x 4.2m refitted with a range of base and wall units, stainless steel sink unit, eaves recess with plumbing for washing machine, large storage cupboard, laminate floor, Velux style window, plus glass skylight.

Outside

There is a rear access track running behind all the properties in the parade, beyond which is a potential garden area.

RATES

The shop has a RV of £2850. Rates payable 2010 / 2011 £1159.95. This could be reduced in most cases by 50% under the Small Business Rates Relief Scheme.

BUSINESS

Our client has run this business since the beginning of 2008 and has gradually built it up.Accounts for year ended 6/4/2010 show sales of £145,103 and a Gross profit of £82,803.Our client informs us that the current takings are  around £7000 per week. Interested parties can discuss business performance directly with the owner by prior appointment. Current opening hours are 8.30am to 10.30 pm 7 days per week.

PRICE

Around £65,000 + sav on a new lease at £16,000pa, for the entire premises, all other terms to be agreed.

Viewing

By arrangement with The Agents on 01904 794812.

Important

Where staff are employed in a business, it is possible that they are unaware of any impending sale, therefore it is essential that all viewings are arranged through us and no direct approaches should be made under any circumstances.

Vat

All prices and rents are deemed to be exclusive of any VAT which may  apply.

Note

Details and general information provided within these particulars have been confirmed by The Client, are given in good faith and are believed to be correct, however all proposed purchasers/tenants must satisfy themselves as to the correctness of the information provided.  We understand that all services and items of equipment are in functional order, but no warranties can be given in this respect.