Butchers frozen fish and grocery shop for Sale

LOCATION:
The business is located on Tarring Road which is a very busy road through Worthing there are a range of other independently owned businesses on the street & highly densely populated residential area. West Worthing & Worthing Station’s are within walking distance.


DESCRIPTION:
Double fronted with tiled floor. Strip lights. Fitted shelving. Counter & till with storage. Seven chest freezers with sliding tops. One walk in freezer. Two walk in cold rooms. One butcher display. Fridge. One meat block table. One meat cutting band saw. Butcher area with sink. Long passage for storage. Door to the outside & three-bedroom upper parts.


USES:
A1/A2


PREMIUM:
£70,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill


RENTAL:
£17,600 per annum


TERMS:
Assignment Of 20 Year Lease from January 2019 with 19 years remaining


BUSINESS RATES:
Nil. From information obtained from the Valuation Office Agency website .


SIZE:
Approximately 862 sq ft shop unit


OPENING HOURS:
Open 7 days a week from 9:30 a.m till 7:00 p.m


STAFF:
Owner managed with 3 staff


UPPER PARTS:
Three bedroom upper pasts of which 1 is a staff room & the other 2 are rented out achieve £960 per calendar month


TURNOVER:
We are advised that the yearly turnover is approximately £338,000 per annum.


LEGAL COST:
To be confirmed


LOCAL AUTHORITY:
Adur & Worthing


ENERGY PERFORMANCE CERTIFICATE:
Energy Performance Asset Rating is 102: E Rating. A copy of this property’s energy performance certificate is available on request


REFERENCE CHARGE:
London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.


HOLDING DEPOSIT:
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account


FIXTURE & FITTINGS:
Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition


AGENT NOTES:
London Properties for themselves for Lessors, Vendors and their agents, give notice that:- 1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 2. These details do not constitute any part of an offer or contract.3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties. 4. All rent prices, fees and charges are quoted exclusive of VAT


VIEWINGS:
Through London Properties by appointment only