Well established and profitable beachwear shop situated in a prime trading position in the commercial centre of Swanage, opposite the town Library. Retail area approximately 86.72 (933.24sq ft) together with store room/kitchenette at the rear. Ref: HIG1409.
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Well established and profitable beachwear shop situated in a prime trading position in the commercial centre of Swanage, opposite the town Library. Forever Summer has been trading since 1999 with a constant turnover in excess of £80,000 per annum.
The building was originally built around the turn of the 20th Century and is of brick construction with 2 display windows and central entrance door. The retail area is approximately 86.72 (933.24sq ft) together with store room/kitchenette at the rear.
Forever Summer has an excellent reputation with good turnover and profits. Audited accounts are available for inspection by genuine applicants upon request.
LARGE SHOP AREA Comprising 2 retail areas with double fronted entrance, twin display windows, changing rooms, extensive racking and display shelving, sales counter.
The entire retail floor area being some 86.7m2 (933.24sq ft) Retail Area 1: 6.91m x 6m, 41.46m2 (446.3sq ft) Retail Area 2: 4.42m x 4m, 17.68m2 (190sq ft) Changing Rooms: 5.5m x 1.76m, 9.68m2 (104sq ft)
STOCK ROOM/KITCHENETTE 4.84m x 3.7m, 17.9m2 (192.7sq ft).
PRICE £33,000 for the business as a going concern, stock at valuation.
TENURE The premises are held on a lease which expires on the 25th March 2025. The current rental is £11,750 pa until 24 March 2022 when it increases to £12,250 pa until 24 March 2024 rising to £12,500 for the remaining term.
SERVICES Mains water, drainage and electricity.
BUSINESS RATES Rateable Value £10,000. Rates Payable £4,990.00 2020/2021. Small Business Rates Relief is currently available if this is your only business, making the Rates Payable £nil for 2021/2022.
VIEWINGS No casual callers. Viewings strictly by appointment with the Sole Agents, Corbens on 01929 422284. The postcode for this property is BH19 2LT.
IMPORTANT NOTE Under Money Laundering Regulations, we are obliged to verify the identity of a proposed purchaser once a sale has been agreed and prior to instructing solicitors. this is to help combat fraud and money laundering and the requirements are contained in statute.
Property Ref HIG1409
NOTE: These particulars are intended only as a guide to prospective Buyers/Tenants to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way for any purpose whatsoever and accordingly neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the Agents nor the Vendors are to be or become under any liability or claim in respect of their contents. Any prospective Tenant must satisfy himself by inspection or otherwise as to the correctness of the particulars contained.