The premises comprise a single storey building arranged as a shop at the front with 2 store rooms to the rear together with 2 car parking spaces to the side.
Location
Situated in a prime trading area being a few yards from Waitrose supermarket and the free central shoppers car park. The premises are immediately next to The Post Office and opposite Dominos Pizza. Other businesses in the vicinity include Owen Hearing, The J & K Gallery, hair salon and The Computer Shop.
Accommodation
Shop
Internal width 23’6” (7.1m)
Depth 30’ (9.1m)
Overall 705 sq ft (65.5 sq m)
LED lighting, extensive racking for isplay, carpet + night storage heater.
Door to:
Rear store 1
11’ x 23’9” (3.3m x 7.2m) 261 sq ft (24.2 sq m)
Strip lighting, sink unit + door to w.c. and door to car park.
Arch to:
Rear store 2
12’3” x 16’ (3.7m x 4.9m) 196 sq ft (18.2 sq m)
Outside To the side of the building is a tarmacademed area with space for 2/3 cars.
Terms
Thriving Business - Family owned and established 36 years supplying a wide range of pet foods and accessories for dogs, cats, birds etc. The business runs a loyalty scheme which has some 1,400 members.
The shop is currently run by a full time manager and an assistant manager + a part time staff member who covers days off & holidays. There is also a Saturday staff member. Average 91 paid hours per week.
The premises are well fitted throughout including a fully computerised sales & stock control system and an integrated weighing/labelling machine for preparing pre-packs from bulk supplies of biscuit & seed, 3 display freezers + 2 additional storage freezers. There is a weekly delivery service.
Annual Turnover (to 31/8/24) £379K (£323K ex vat).
Accounts are available to seriously interested parties.
Terms - New 10 year lease on a normal full repairing and insuring basis with a rent review after 5 years.
Rent - £20,000 per annum exclusive of rates.
Rates - Local Authority: Wealden SBR (24/25): 49.9p
Rateable value: £13,750
Nb - Eligible businesses occupying a property with a rateable value of less than £15,000 may be entitled to small business rate relief with properties having a rateable value of £12,000 or less paying no rates. Further details may be found at www.gov.uk/apply-for-business-rate-relief.
Price - £50,000 for the business to include fixtures & fittings + stock at valuation (currently estimated to be in the region of £16,000 ex vat)
VAT - Under the Finance Act 1989 VAT may be chargeable on the rental/price. It is recommended that a prospective tenant/purchaser should make their own enquiries to establish whether or not VAT is chargeable prior to entering into an agreement.
Services - The mention of any appliances and/or services in these details does not imply they are in full and efficient working order.
EPC - Energy performance certificate Band C.