Shop Totnes £39,950

Reference: 36539_9252864

Shop for sale: Totnes


Reference: 36539_9252864

Key Features

  • Set in attractive square
  • Large footfall

Description


A newly established pet shop business and lease assignment. The shop stands on an attractive square with mature trees and attractive cobbled surface and has a large footfall.

SITUATION
The premises stand on an attractive square set before the Dartmouth Inn with seating around the square, mature trees and attractive cobbled surface and whilst the now established business is destination orientated, it does have a large footfall. Totnes has a complement of independent shops, a large supermarket which is also only a short distance away and an excellent road and rail link to the region and beyond. In the immediate area of the shop is a variety of retail outlets, catering businesses and service industries.

CONSTRUCTION
The premises stand within a traditionally constructed complex of buildings with frontage to The Plains and to Dartmouth Square and also into Ticklemore Street. The premises does have heating from a night storage heating system although it is well protected with residential use above maintaining a good level of warmth.

ACCOMMODATION
Entrance to double fronted retail shop with main area 4.443m wide and a depth of 5.406m excluding the window which is 2.55m in width and 0.747m in depth. To the rear of the main shop area is a shallow but raised step onto the counter area which is an integral part of the previous measurements measuring 2.058m x 4.526m. The shop is with thermo plastic tiled flooring, night storage heater wall mounted, countersunk lighting to ceilings and ample power points. To the fore of the doorway is a mat well. An archway to the side of the main shop area leads into:Side shop 5.697m x 1.875m with thermo plastic tiled flooring and archway through to:Freezer room 3.4m x 2.371m with lighting and power and door to:Cloakroom/staff kitchen with low level flush WC, hand wash basin inset to worktop, shelving and light.

SERVICES
Mains, electricity, water and drainage.

THE LEASE
The lease runs from April 2017 on a ten year term with a five year break clause and rent review. The current rent passing is £9,000 + VAT.

THE BUSINESS
Trading since May of last year, the business has achieved an £80,000 turnover in its first year with a £20,000 net profit. It can be operated with just one proprietor or staff member.

EPC
Band F.

BUSINESS RATES
£8,800 per annum.

VIEWING
Strictly by appointment.

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Contact Agent

Rendells
Tel: 01803 863888