Blakes, 13a High Street, Ringwood, BH24 1AB

Reference: 30034/SGC
Property Type: Retail
Property Term: For Sale
Contract: For Sale
Size: 256ft2
Price: £38,000

LOCATION

The business is situated in a highly sought after location in the very heart of this bustling New Forest Market Town being immediately adjacent Natwest Bank and close to a good number of other Town Centre ‘names’ including Santander, Betfred, Barclays Bank, Kelly Eyecare and Pets Corner.

ACCOMMODATION

Ground floor

Shop

Internal Width    9’ 3”

Depth     20’ 5” min
              30’ 4”max


Net Retail Area – 256 sq ft

Attractive fully tiled walls.
Fully equipped including 3 refrigerated display units and additional non display refrigeration.

Washing up area – 40 sq ft

With stainless steel sink units.

Cloakroom/wc

With wash hand basin

Outside

Timber shed store

The Business

This is a genuine retirement sale.  Established since 2006 the business is currently operated solely by a husband and wife team on a 5 day week (Monday to Friday)

Open hours – 7:30am – 2:30pm Mon-Fri

Turnover – approx. £70,000

Gross Profit Margin – approx. 66%

Full accounts will be made available to genuine interested parties.

LEASE

The premises are offered with a new 10 year full repairing and insuring lease, subject to a tenant break clause and rent review at the end of the 5th year.
Commencing rent - £8,000 per annum exclusive
The landlord will require one quarters rent deposit as security.

PRICE

Offers invited over £38,000 for this highly profitable sandwich bar business.

50.845934, -1.7919512

Property Misdescription Act and Misrepresentation Act: These particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract. Nettleship Sawyer cannot guarantee the accuracy of any description, dimension, references to condition, necessary permissions for use and occupation and other details contained herein and the prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. No employee of Nettleship Sawyer has any authority to make or give any representations or warranty or enter into any contract whatever in relation to the property. Rents or prices quoted in these particulars may in addition be subject to VAT. Nettleship Sawyer will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.