FOR SALE
26/01/24
605668
WA.193280 / Rightbiz
Goadsby Commercial present long established heritage business. Prime location. Nearby Parchment Street and Winchester High Street. New lease to be agreed.
LOCATION
The property is located on St George’s Street, and forms part of an established parade of retail units in the heart of the City Centre, some 100 yards from the High Street with its excellent shopping and restaurant facilities.
Hampshire County Council headquarters, the Law Courts and main line railway station (Waterloo 60 minutes) are all close by. Winchester has excellent road links with junctions 9, 10 and 11 of the M3 leading to the City Centre as well as easy connections to the A34 and A31.
There are various parking facilities in the City Centre with the nearest multi-storey car park located at the Brooks Shopping Centre. There are also park and ride schemes located off Junctions 10 and 11 of the M3.
Winchester itself is a popular, attractive, and affluent Cathedral City and County town and a very popular tourist destination. It is the base for Hampshire County Council and Winchester City Council which combined have a significant workforce. The University of Winchester and Winchester School of Art also draw a significant number of students and visitors to the city.
SUMMARY OF ACCOMMODATION
The subject unit includes a large sales area, with a partitioned, countered office, plus WC facilities. The unit also has a wide glazed frontage.
DESCRIPTION
The subject business sells handmade, handcrafted beds and mattresses designed to suit the specific and exacting needs of their clients.
The unit that the Winchester Bed Company occupies, 38-40 St Georges Street, has a longstanding reputation for supplying great quality beds in Winchester and the surrounding area for over 40 years.
TRADING & BUSINESS
The owners inform us that the business trades 10:00- 17:00 Monday to Saturday, and 10:00- 16:00 on Sundays
TENURE
LEASEHOLD. A new lease is to be agreed at a commencing rent of £40,000 per annum exclusive of VAT.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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