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Sandwich Shop Business With 1st Floor Flat, 234 Lowmoor Road, Kirkby in Ashfield, NG17 7JU

not specified / Retail / General Retail

For Sale - £169,000.00

Withdrawn - Last updated: 29 September 2020

We are delighted to welcome to the market this well established and profitable sandwich shop business in Kirkby In Ashfield Nottinghamshire. The business was established in 1985 and has been in our clients careful ownership since 2008. It opens 6 days per week and generates a turnover in the region of £120,000 per annum. The turnover is generated from the sale of freshly prepared hot and cold food sold on the premises and through a local delivery service. The business has an excellent reputation within the area, which has generated a very loyal customer base with a vast amount of repeat trade.  

The property boasts a good sized sales and display area, which is well equipped to suit the trade together with a self contained First Floor flat and has a good sized garden.

Location

The property is ideally located on a busy main road benefiting from free on street parking, close to large industrial estates and situated in a densely populated residential area and benefits from a high footfall and much passing trade. Kirkby in Ashfield is a market town with a population of approx 25,000 residents .The town lies on the eastern edge of the Erewash Valley , which separates Nottinghamshire and Derbyshire. The area is well served by the public transport system with several bus stops near the property. The nearest railway station is approximately 500 yards from the shop. Mansfield is approximately 4 miles away and Nottingham is 14 miles away from the business. 

The business has been established for over 20 years and operates from a semi-detached property with side entrance, sales shop with rear lobby/ store, kitchen and WC together with a separate ground floor entrance which leads to a flat, half landing, living room, kitchen and bedroom which currently produces £350 pcm. 

Accommodation

The accommodation comprises:

Side Entrance With Security Shutter

Sales Shop - 6.5 x 4.69 (21'3 x 15'4 ) With display window, external security shutter, 2 refrigerated counters, stainless steel worktops with base units below, stainless steel sink, hot and cold water, extractor fan, spot lights, 2 gridles, bain marie, counter.

Rear Lobby / Store - 1.66m x 0.9m (5'5 x 2'11 ) Access door to Kitchen

Kitchen - 1.43m x 1.52m (4'8 x 4'11 ) With twin stainless steel sink unit, hot and cold water, stainless steel splash backs which have been recently fitted, door to WC with low level WC, wash hand basin with hot and cold water, fully tiled walls, water heater

FIRST FLOOR

FRONT ENTRANCE - To the front is a double glazed door leading to an entrance lobby with quarry tiled floor with stairs to first floor and landing.

Lounge - 3.62 x 3.45 (11'10 x 11'3 ) With double glazed window, central heating radiator, inner lobby with cupboard

Kitchen - 3.65 x 2.71 (11'11 x 8'10 ) With inset stainless steel sink with hot and cold water and base units below, central heating radiator, plumbing for washing machine, fully fitted kitchen, cupboard enclosing gas fired boiler heating the radiators and hot water.

Bathroom - Fully tiled walls, panelled bath with hot and cold water and electric shower over bath, pedestal wash hand basin, central heating radiator, tiled floor

BEDROOM - 2.88 x 2.49 (9'5" x 8'2")

Outside - Outside there is a drive with parking spaces to the front, side and rear of the property and a good sized garden.  

Terms

OFFERS AROUND £169,000 TO INCLUDE GOODWILL, FIXTURES, FITTINGS, STOCK AND DELIVERY VAN

TENURE - The tenure of the property is Freehold subject to an Assured Short-hold Tenancy. 

The flat is let to a long established tenant who is currently paying rent of £350 per calendar month

SERVICE - Mains water, electricity and drainage are connected to the shop and the flat.

ACCOUNTS - The current turnover is in excess of £120,000 per annum. A copy of the accounts are available for inspection at the agents office.

ENERGY PERFORMANCE CERTIFICATE - The property has two Energy Performance Certificates.  One in respect of the Ground Floor Commercial Premises which is shown here.    

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offer around For Sale Freehold £169,000.00 NA

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