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Commercial

Clynes Road, TS6

Guide Price 39,000Available

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About Clynes Road, TS6

Established Off Licence with a loyal local client base.

The business operates as a husband and wife team with an additional staff member.

Opening hours 8am to 10pm Monday to Saturday and 9am to 10pm on a Sunday.

Situated on a neighbourhood parade within a residential area the neighbouring businesses include a hairdressers and a tattoo studio.

With a consistent turnover and net profit in excess of 30,000 this is an excellent opportunity for a new owner, perhaps a husband and wife team or a partnership.

Scope to increase turnover could include introducing pay point facilities and card payments.

The going concern is offered For Sale Leasehold either by way of assignment of the existing lease which has 2 years remaining.

Alternatively, we are informed that the landlord would grant a new lease with terms to be agreed based on a rental figure of 5200 per annum.

Premium offers are invited based on 39,000 to include the fixtures, fittings and goodwill.

Location

Middlesbrough is a major town within the Teesside conurbation. Providing easy access to the A19 and A66.

Located in a predominantly residential area on the western side of Clynes Road, close to its junction with Fabian Road.

More Information

Off Licence

Going Concern

Premium Offers 50,000

Turnover IRO 300,000 per annum

Rent 5250 per annum

Energy Rated D

Business Rates

Enquiries regarding the rateable value and details of precise amounts payable should be directed to the relevant Local Authority.

Tenure

Leasehold

Proposed Terms

Offered for sale leasehold to include fixtures fittings and goodwill plus stock at value for 50,000.

Rental 5250 per annum.

Terms of lease to be agreed.

Legal Costs

The ingoing purchaser/tenant will be responsible for our Client?s reasonable legal costs incurred in connection with this transaction together with any Stamp Duty and VAT where applicable.

Vat

All offers where made silent of VAT are deemed to be made exclusive thereof.

Notes

All measurements are approximate and are for guidance purposes only.

Local Area Information

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Council Tax Information

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External (Main)

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