Leasehold Two Vacant Retail Premises For Sale

Business description

Advent Business Sales are delighted to offer for sale these two vacant retail premises.

The two shops, which are similar in layout and location, occupy a prominent and prime location and was previously trading as a haberdashery business

Each shop is available for £7,500 or £15,000 for both.
REF: 8718DE




DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

Shop 1:
TENURE: Leasehold
Original lease: 15 years
Remaining lease: 5 years
Review every: 5 years
Rent: £17,500 per annum

We are advised that the annual business rates are currently: £6,000

Shop 2:
TENURE: Leasehold
Original lease: 12 years
Remaining lease: 9 years
Review every: 4 years
Rent: £27,500 per annum
We are advised that the annual business rates are currently: £8,000

Location:

The two shop concern is ideally located in Derby city centre approximately 200 yards apart. The surrounding area is city centre shopping close to the recently developed Westfield Centre.

The area enjoys a high level of footfall, which is naturally expected for a busy, and expanding city centre. There is excellent parking facilities with a number of pay and display car parks nearby. There is also a free parking space at each shop.

Derby is accessed from a number of major routes including the M1 and the A50.

Premises details:

BUSINESS PREMISES
Two attractive double fronted premises in Derby city centre consisting of:
Shop 1
- Entrance door with double windows leading into main sales area, decorated and equipped to a high standard
- Racked and shelved throughout with central customer serving area with till point
- Stockroom and staff area to rear
- Office and w/c
- Rear fire door

Shop 2
- Large unit with central doors leading into main sales area, decorated and equipped to a high standard
- Racking and shelving throughout with central serving area with till point
- Rear stock room with office, staff area, w/c and kitchen to rear
- Rear fire door
- Single parking to rear

External
- Both shops paved to shop front

Other information

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

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