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£35,000

Hucknall, NG15

  • 0 beds
Other

£35,000

  • 0 beds
Other
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Buy with a mortgage
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Estimate monthly mortgage payment:

£160 per month

Minimum deposit amount:

£1,750
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Tenure: Leasehold.

Lease remaining (For Leasehold tenure): 17 (in years).

LOCATION:

 

The premises are prominently positioned on Watnall Road in Hucknall, Nottinghamshire

 

 

 

DESCRIPTION:

 

The business situated in a corner premises, receiving high levels of footfall and passing trade. There is free on street parking in the roads and streets surrounding the premises. Ground floor unit, with a large counter and open plan kitchen. Useful storage area to the rear of the unit and a yard for bin storage. Basement area may be available if required

 

 

 

BUSINESS:

 

The business was originally established in 2021, with our client taking over in 2022. This is a traditional dessert shop with a menu that consists of - Waffles, Cookie Dough, Doughnuts, Crepes, Tempting Shakes, Sundaes, Cakes, Back to School Puddings, Italian Gelato Ice Cream, The sales split is 80% deliveries (Via Uber Eats, Just Eats, Deliveroo etc) and 20% takeaway. The sale will include the company website, social media and delivery platforms. The business enjoys some great visibility online with impressive reviews.

 

 

 

USES:

 

Class E

 

 

 

PREMIUM:

 

£35,000 for the benefit of the lease, fixtures & fittings.

 

 

 

RENTAL:

 

£5,040 per annum

 

 

 

TERMS:

 

17 years remaining of a 20 years lease

 

 

 

OPENING HOURS:

 

Monday to Sunday - 5:30pm - 12:00am

 

 

 

STAFF:

 

We are advised that the business is run and managed by the owner, with the help of 1 part-time staff member

 

 

 

TURNOVER:

 

Current turnover in excess of £104,000 per annum

 

 

 

REFERENCE CHARGE:

 

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non- refundable after the references have been taken up, whether they are accepted or not by the Landlord

 

 

 

HOLDING DEPOSIT:

 

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

 

 

 

AGENT NOTE:

 

London Properties for themselves for Lessors, Vendors and their agents, give notice that:- 

 

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 

 

2. These details do not constitute any part of an offer or contract. 

 

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties. 

 

4. All rent prices, fees and charges are quoted exclusive of VAT

 

 

 

VIEWINGS:

 

Through London Properties by appointment only.

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