*Ingoing Premium: Guide Price in the region of 75,000 - 95,000*ALL REASONABLE OFFERS CONSIDERED. This is a fully fitted jewellers for sale as a going concern. EPC Rating E. Read more
*Ingoing Premium: Guide Price in the region of 75,000 - 95,000*ALL REASONABLE OFFERS CONSIDERED. This is a fully fitted jewellers for sale as a going concern. EPC Rating E.
ALL REASONABLE OFFERS CONSIDERED. Prime High Street retail premises Available as a fully fitted jewellers As a going concern High turnover Lease available
LOCATION In a prime High Street trading position, opposite the main entrance to Green Lanes Shopping Precinct and next to JD Sports and Clintons Cards in the heart of Barnstaple. Therefore this property is ideally placed for passing trade.The premises are within level walking distance of all High Street amenities and the main former cattle market car park in the centre of town.Barnstaple is the main commercial centre of North Devon, having a population in the region of 35,000 inhabitants which is boosted during the summer holidays with an influx of tourists.
THE PROPERTY The premises are extremely well fitted out with modern jewellery cases, cabinets, electric entrance shutter, CCTV with Redcare 24 hour monitoring and panic alarm system, fire & intruder alarms and first floor studio for photography of jewellery etc.The main premises have an internal depth of approximately 52' max with an average internal width of 11'4" and there are ample storage facilities to the rear of the property.There is also a 6' bullion safe.
THE BUSINESS Opening hours of 10am 5pm, 6 days a week. Staff by arrangement. Available to buy as a going concern, Coopers sells high end antique silver jewellery, modern jewellery and Omega and Rolex watches pre-owned and new. Available due to genuine retirement. High 6 figure turnover with accounts to prove.
THE PROPOSAL We are instructed by our clients to offer this lease for sale to include all quality fittings throughout.We are offering the business as a going concern.
TENURE The premises are held on the balance of a 10 year lease at a current let rent of £22,500 per annum (it should be noted VAT is chargeable on the rent) + an ingoing premium guide price in the region of £75,000 - £95,000. The lease commenced on the 22nd of October 2012.
STOCK There is an option for the current stock or partial stock to be acquired at valuation, if it is the intention of the proposed tenant to carry on as a new jewellers business.The property will be offered subject to a comprehensive inventory of fixtures, fittings and equipment including counter servery, lighting, and glass fronted bespoke cabinets etc.
The accommodation briefly comprising:
RETAIL UNITTotal depth approx. 52' (15.85m) (52' (15.85m)) x 11'4" (3.45m) (11'4" (3.45m)) average total width.With oak panelled double fronted unit, spot lit display cases, air conditioning, feature lighting chandeliers, CCTV and mezzanine flooring.
GROUND FLOOR ACCOMMODATION Located beyond the shop.
STAFF ROOM16'1" x 11'2" (4.9m x 3.4m).(Beyond shop). With door to:
KITCHENETTE7'3" X 5'1" (2.2m X 1.55m).
STOCK ROOM11'11" X 9'2" (3.63m X 2.8m).
FIRST FLOOR MEZZANINE11'1" x 13'2" (3.38m x 4.01m).Open plan, overlooking rear section of the shop. With interconnecting door to:
STOCKROOM/OFFICE14'1" x 12'11" (4.3m x 3.94m).Used for photographing jewellery. With door to:
OFFICE ONE12'1" X 6'8" (3.68m X 2.03m).
OFFICE TWO8'4" X 6'4" (2.54m X 1.93m).
OFFICE THREE12'10" X 16'5" overall (3.91m X 5m overall).With part room divider.
AGENTS NOTE The property benefits from an electronic entrance shutter, security intruder surveillance system and will be fitted subject to inventory. The property was fitted as a jewellery store five years ago to a very high specification.
RATEABLE VALUE £28,000 UBR, as of April 2018, 49.3p in the £ Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
VIEWING By appointment only. All enquiries must be made direct to the sole selling agents Webbers Commercial and under no circumstances must a viewing be made direct or contact made with members of staff.
SERVICES All mains connected.
VAT We understand that our client has not opted to charge VAT.All interested parties should make their own enquiries of HMRC.
COUNCIL TAX BAND To be advised.
WEBBERS DO NOT JUST SELL HOUSES Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347888. For out of hours call our mobile number 07967 385228.
WANT TO KNOW MORE? We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding. www.environment-agency.gov.uk www.landregistry.gov.uk www.gov.uk/green-deal-energy-saving-measures www.homeoffice.gov.uk www.ukradon.org www.fensa.org.uk www.nesltd.co.ukhttp://list.english-heritage.org.uk