Property description

Description:
The Convenience store is part of a symbol group which is Premier. The Business has been run by the same family for over 26 years. Due to the owners wanting to relocate the business has now become available.
Occupying a prominent position within the Broadgate area which has a loyal and established custom base. The business benefits from high Foot flow and is close to Avenhanm Park, City Centre, Train station, Dockland and Penwortham.
The business also includes accommodation consisting of three double bedrooms, one single bedroom, a family bathroom, separate bathroom, reception room and large kitchen.

Opening Hours:
Monday to Saturday - 9-1 and 3-10 and Sunday – 10 - 1 and 3-10

Equipment:
This shop consists of all fixtures and fitting such as shelves, gondolas, ice cream freezer, under counter wine chiller, dairy fridge, soft drinks chiller, 2 x freezer, tobacco gantry, epos system,
counter, alarm, cctv, A/C and payzone terminal.

Products:
The store offers a wide range of products such as: Confectionery, health and beauty products, cleaning, stationary products, alcohol, tobacco, sandwiches, dairy products, medicine, toiletry items, frozen food.
All stock is ordered by telephone or on-line with premier. Some grocery items for the business is done from Booker cash and carry.

Turnover:
The turnover of this business is £8,000.00 per week

The business has the potentially to grow in various ways for example with Lottery, cash machine, postal service(my hermes etc), newspapers and magazine, increased hours and a great potentially to create a lock up shop having the accommodation as rental income.

Purchase Price:
The Purchase price is £375,000.00 (freehold)
Including all fixtures and fittings as stated.

Stock:
Stock on valuation is estimated to be £50,000.00 but can be reduced

Accommodation:
Retail size:-
The property provides the following approximate net internal floor areas:

Ground Floor:
Retail Zone A 19m² / 204ft²
Retail Zone B 16m²/ 172ft²
Retail Zone A 12m²/ 129ft²

All measurements have been made in accordance with the RICS Code of Measuring Practice

Living accommodation:-
The property is available for buyers who are interested in free hold.
The property is a 2 storey building including retail shop and residential accommodation.
Above the business there is residential accommodation which includes the following features:-
Four Bedrooms (three doubles and one single) with radiators, double glazing, carpets throughout,
Family bathroom Three piece Bathroom fully tiled with radiators, double glazing
Separate Bathroom
Fitted Kitchen to the ground floor with base and wall units, fitted appliances, tiled flooring, access to the access to the rear yard
Spacious Reception Room

Service:
Mains gas, electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.

Planning:
Currently used as Shop and Premises.

Prospective Tenant are advised to make their own enquiries of Preston City Council's Planning Department on 01772 906581.

EPC:
A copy of the EPC is available in due course or the can be inspected at your local Kingswood office.

Rating assessment:
Rates payable for are The small business non-domestic multiplier for 2015/16 is 48p
The non-domestic multiplier for 2015/16 is 49.3p
This property may be entitled to 100% rates relief dependant on circumstance, All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.
The Valuation Office Agency website describe the premises as being assessed as a “SHOP AND PREMISES” with a Rateable Value of £4,300.
All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.

VAT
All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.

Legal Cost:
Each party are to be responsible for their own legal costs incurred in the transaction.

Viewings:
Strictly through Kingswood on an appointment basis only.
Please contact Kingswood on:
Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ
Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston, PR2 8EA
mail@kingswoodproperties.co.uk
www.kingswoodproperties.co.uk

Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Property Features :

• For Sale
• Business & Building For Sale
• Two floors
• Established Business And Clients
• Fully Fitted Equipment
• Viewing is a Must
• Great Potential
• Great Investment