Leicestershire

4 bedroom Commercial Property to rent

Fully Refurbished Convenience Store Tamworth Road Long Eaton, Sawley, Nottinghamshire

Website Reference: UKPS 150722

Cupid Homes are pleased to offer this very well presented licenced self service convenience store situated on Tamworth Road in a densely populated residential area of Long Eaton(Junction 24- M1) with yearly takings of over £365000 and increasing. Superb Business opportunity OPEN TO OFFERS.

  • Recently Fully Refurbished
  • Fitted Out To A Very High Spec
  • Main Road Location
  • Cctv + Open Chillers + Freezers
  • Customers Car Park
  • HIGHLY RECOMMENDED FOR EARLY INSPECTION
  • 20/25 Minutes Drive From Leicester
  • Junction 24 Motorway M1
  • www.cupidhomes.co.uk -- 01162 988 555
  • Offers Invited -- Option For Freehold

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Free Car Park nearby for 20 cars



IMPRESSIVE & SPACIOUS 1,200 sq. ft. sales shop all refurbished and refitted at considerable expense. Suspended ceiling with inset lighting, quality fitted ceramic tiled floor. The equipment includes 2 lane EPOS scanning system, 1-3.7m open cool display unit (used for wines and beers), 2-1m cool display units (both used for soft drinks), 1-3.4m cool display unit (used for milk and dairy produce), 2 display gondolas, 2 large glass topped chest deep freezes, counter, CCTV system with 20 cameras, 2 monitors plus recording.



Large stockroom

Office

Kitchenette

Staff cloakroom with w.c. and wash hand basin plus large garage



PLEASE NOTE WE UNDERSTAND THE VENDOR, IN VIEW OF THE CONSIDERABLE AMOUNT OF MONEY THAT HAS BEEN INVESTED IN NEW EQUIPMENT, IS ABLE TO PUT THE FIXTURES & FITTINGS IN A SALE CONTRACT IN THE REGION OF £80,000



  
  

  Turnover
  

WE ARE INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands and especially with the introduction of the sale of newspapers and magazines. Gross profit 21% approx. We understand from the vendor the store has been approved by a number symbol groups and in our opinion the business offers tremendous potential.



  
  

  Staff
  

The business is at present operated by the owners with the assistance of 1 part time staff.



  
  

  Opening Hours
  

Monday - Saturday inclusive - 10 a.m. - 9 p.m.

Sunday opening - 10 a.m. - 6 p.m.

It will be appreciated upon inspection that there is potential for additional opening hours. We further understand that the business is licensed to open from 8 a.m. - 10.30 p.m. seven days per week



  
  

  Accommodation
  

The SPACIOUS living accommodation DOUBLE GLAZED and with new FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £575 per month. The accommodation comprises:



4 Bedrooms (3 doubles, 1 single)

Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin

Large Lounge

Fully fitted kitchen



  
  

  Tenure
  

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease in respect of the shop with accommodation over at a rental of £18,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (As will be appreciated with the rental income currently of £6,900 p.a. in respect of the accommodation the net rental payable at the present time would only be £11,100 p.a. exclusive of rates). Price £125000 (Leasehold)



Alternatively, the vendors, subject to satisfactory references, are prepared to grant a new 15 years full repairing and insuring lease in respect of the shop only (excluding the accommodation) at a rental of £15,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.



Uniform Business Rates: £1,300 p.a. approx. (after small business relief)



OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED SELF SERVICE CONVENIENCE STORE COMBINED WITH FULL FREE OFF LICENCE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.





THE PROPERTY MISDESCRIPTIONS ACT 1991

The Vendor has supplied the above information. We cannot verify it to be correct, but would recommend that your Legal Adviser check the details. We have not tested any fittings, and the measurements are taken using a sonic measuring device, which is not guaranteed to be 100% accurate. Whilst we endeavour to make our lettings details accurate and reliable, if there is any point, which is of particular importance to you, we will be pleased to check the information. This is important especially if you will be travelling some distance to view the property.  Please note Cupid Homes do not guarantee the accuracy of these figures and are not verified by us. Please seek professional help before making any offers. Cupid Homes will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business

Price: Monthly (PCM) £1,500

Map of property:

Cupid Homes

Property available from: Cupid Homes

Branch Address: 180 Cavendish Road, Leicester, Leics, LE2 7PJ

View this property on agents website

For more information about this property please phone: 0116 2988555 quoting UKPS 150722 - property Fully Refurbished Convenience Store Tamworth Road Long Eaton

Alternatively you can contact the agent via the on-line form below to receive more information about this property.

Enquiry Form Ref: UKPS 150722

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Sawley Property | Nottinghamshire Property

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