Asking price: £15,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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: 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.

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

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