FOR SALE
07/07/25
2848
16518975 / Rightbiz
Ground floor commercial unit measuring approximately 663 sq ft, arranged as open plan retail area with storage, kitchenette and toilet facilities to the rear. On street parking is available to the front of the property and adjoining roads.
Please note the vendor may consider a letting of the shop at £725pcm.
LOCATION
The property is situated within a mixed parade of shops on Cottle Road, Stockwood.
TENURE
The property is available to purchase with vacant possession on the residue of a 125 year lease.
BUSINESS RATES
The Rateable Value with effect from April 2023 is £5,000. We therefore would expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.
ENERGY PERFORMANCE CERTIFICATE (EPC)
EPC rating: D
FLOOR PLAN
The floor plan is provided for indicative purposes only and should not be relied upon.
VAT
All figures quoted are exclusive of VAT unless otherwise stated.
VIEWINGS
By appointment with Maggs & Allen.
CONTROL OF ASBESTOS REGULATIONS
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for asbestos and therefore recommend all interested parties to make their own enquiries.
NOTES
Please note the vendor may consider a letting of the shop at £725pcm.
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.