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Related Ads > West Midlands Business for Sale > Retails to Let > Retails in Kingswinford for Sale 

Retail Premises In Prominent High Street Location.

Kingswinford West Midlands
Recently developed Card and Gift shop along with an established licensed Cafe. Formerly a Cafe Wine Bar this is a well known landmark. There is much scope to develop this business and as it is a shopping area most uses can be possible. Lease to let or rent Retail Premises In Prominent High Street Location. is located in West Midlands.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 54212
ADVERT IMPRESSIONS : 16,368 TIME(S)

 
BUSINESS SECTOR: Commercial Property
TRADE TYPE: Retails
SALE: Private Sale

ASKING PRICE:

£50000

LEASEHOLD:

£30000

ANNUAL RENT:

£15000
 

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BUSINESS DETAILS:

This is an opportunity to aquire a versatile leased retail premises in a prominent high street position. On the corner of the main junction in Kingswinford it enjoys the biggest frontage in the town. There is a current 5 year lease available with rent of £15, 000 and a rateble value of £11, 000.
This was a Cafe Winebar for 10 years but due to the drop in the pub trade we converted to a Card & Gift shop at the beginning of 2010. The Cafe part was kept open and has proved to be a successful choice. The floor space is extensive with a large patio area which is partly covered by a timber smoking shelter which is very popular with the locals and has become a meeting place. There is also a diabled toilet and the whole ground floor is extremely accessable to all.
We have kept the original Premises License on which runs till 2. 00am 7 days a week if needed. The first floor has a fully fitted kitchen, storage rooms, office and toilet areas that can easily be altered to suit most needs. There is no living accomodation.
We have run this as a family unit and now our son has been offered a job and we would like to move on to other things.
We are asking around £30, 000 for the transfer of the lease, fixtures and fittings are around £10, 000 and there will be stock if required at cost, we estimate between £7k to £10k depending on the timing of a sale. However the premises is adaptable to most uses and depending on the buyers needs all is negotiable within reason.
Most uses may be possible subject to local authority permission and that of the Landlord who is fair and reasonable.
   
  FOR SALE
   

REFERENCE:

54212 / RightBiz
   
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