£65,000 - 2 bedrooms, Commercial - Available



Terence Painter
Prospect House
44 High Street
Broadstairs

Agent's Website
01843 866866


ESTABLISHED OFF-LICENCE BUSINESS FOR SALE
Located within the heart of Broadstairs town is this long established Off-Licence business. The current owners have been trading for some 29 years from the premises and are selling due to retirement.
The business operates from a town-centre leasehold shop and store premises with the benefit of having a two bedroom flat above.
The owners of the business are seeking a premium of £65,000 to purchase the business and take over the lease. The current rental is £8,250 per annum including the flat.
Located on the ground floor is the shop premises, office, w.c., two store rooms, rear yard and a basement cellar. On the two upper floors are a living room, kitchen/diner, bathroom/w.c. and two bedrooms.

Shop Premises

Retail Area
8.46m x 3.97m (27' 9" x 13') Double fronted three-quarter glazed windows with central glazed entrance door. Doorways to store rooms and office. Wood panelling and beams to ceiling. Fitted shelving. Counter.

Upper Store Room
4.90m x 4.17m max (16' 1" x 13' 8" max) Accessed via ladder.

Lower Store Room
3.51m x 3.62m (11' 6" x 11' 11") With plumbing for washing machine. Door to rear yard. Doorway and passage leading to basement cellar.

Basement Cellar
8.50m x 3.56m (27' 11" x 11' 8") With concrete floor, gas and electric meters.

Office
2.92m x 2.71m extending to 3.66m (9' 7" x 8' 11" extending to 12') Window to rear. Tiled fireplace. Door to w.c. Door to rear lobby with door to rear courtyard and stairs leading to upper floors.

W.C.
With low level w.c., wash hand basin with electric water heater over, double glazed window, vinyl flooring.

First Floor

First Floor Half Landing
With door to bathroom and overhead storage.

Bathroom
2.91m x 2.51m (9' 7" x 8' 3") Window to rear. Fitted with panelled bath with electric shower over and pedestal wash hand basin. Vinyl flooring, electric heater and radiator. Door to separate w.c.

First Floor Landing
With sash window to front. Radiator. Storage cupboard.

Lounge
3.73m x 3.62m (12' 3" x 11' 11") Sash window to front. Fireplace surround. Radiator.

Kitchen/diner
3.40m x 3.12m (11' 2" x 10' 3") Sash window to front. Fitted with a range of Shaker style units with laminate work surface area and wall tiling. Built-in electric oven with gas hob over and extractor above. Space and plumbing for washing machine. Space for fridge-freezer. Single drainer stainless steel sink unit. Cupboard housing wall mounted combination boiler. Vinyl flooring. Radiator. Space for dining table.

Second Floor

Second Floor Landing
Hatch to loft space, doors to:

Bedroom 1
3.96m x 3.16m (13' x 10' 4") Double glazed window to rear. Radiator.

Bedroom 2
3.20m x 3.15m (10' 6" x 10' 4") plus recess. Double glazed window to rear. Radiator.

Rear Yard
Extending to the full width of the property. Access via gate to rear passageway. Separate door leading to accommodation above.

Tenure

Leasehold
The current owners are seeking a premium of £65,000 for the business and to take over the remainder of the lease. Stock will be available to purchase at valuation.

A 10 year re-newable lease commenced in March 2012 with a current rental of £8,250 per annum.



Agents Note:
Restrictions: The lease currently restricts the change of use of the property from an off-licence, however the Landlords have advised that they would consider allowing a change of use to A1 Retail, subject to Landlords approval and any necessary planning consent.


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