Viewing: 01384 397797
Fully Trading Dessert Restaurant and Takeaway
BUSINESS FOR SALE
The premises are located on New Road, within close proximity to Weavers Wharf Shopping Centre. The property is located in a prime retail pitch close to the heart of Kidderminster town centre and immediately accessible to Kidderminster College and the wider town centre and all its facilities.
The shop is a lock up with a fully fitted retail area, with toilet accommodation, kitchen and a preparation area. The premises also benefits from two car parking spaces to the rear and alternative ample parking is available nearby. The accommodation is all ground floor and has an approximate lettable area in the order of 1000 sq ft. The premises is currently a dessert restaurant and takeaway (A3/A5). Other uses will be allowed subject to planning.
The property is available on an existing lease for a term of 5 years expiring July 2022. The rental is £333 rising to £666 pcm.
£28,000 for the business, goodwill, lease and all of the furnishing, stock, fixture, fittings and chattels.
For tenants who wish to take over the lease only and not buy the business please ask for details.
We understand the property has existing use for A5 and A3. Prospective tenants should satisfy themselves as to both the existing and intended uses of the property with the Planning Authority.
Wyre Forest District Council
Wyre Forest House
Kidderminster DY11 7WF
T: 01562 732 928
Tenants are responsible for business rates and are advised to confirm their rates liability with the local rating authority. The rateable value from April 2017 is £6,100. Small business rate relief may be available.
Each party will responsible for all their own costs in respect of this transaction.
We understand VAT will not be chargeable on this transaction.
FIXTURE AND FITTINGS
The business is to be sold as seen and includes all furniture, stock, fittings and equipment.
Strictly by appointment with the Agents on 01384 392 371
VAT maybe levied on the purchase price.
The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify they are in working order or fit for their purpose. The tenant is advised to obtain verification from their solicitor or surveyor.
The successful tenant / purchaser will need to provide either a satisfactory bank reference and / or two trade references for approval.
The successful tenant will be required to submit proof of identity, in accordance with money laundering regulations.
Fixtures & Fittings
Any fixtures and fittings not expressly mentioned within these particulars are excluded from the transaction.
Areas & Dimensions
All areas and dimensions are deemed to be approximate only.
© Walton and Hipkiss