Betting Shop With S/C Flat For Sale

Business description

Wallasey, Wirral

Modernised Premises

18 Vision Display Flat Screens

Densely Populated Area

Roadside Parking

2 Bed Flat Plus Garage

Freehold

Business History:
The vendor established the business in May 2006. He is now looking to sell his business interests in order to live abroad.

Business Profile:
Modern licensed betting shop.

Accommodation:
The building benefits from double glazing and central heating.

Shop:
This was well presented at the time of our visit and comprises : Double fronted shop with carpet and modern vinyl flooring to perimeter areas. Metal/metal effect wall cladding finishes and wall shelving. Stools. Screened counter. The shop benefits from sixteen fitted vision display screens together with a further two large flat screens. Two games machines (on lease). the premises also benefit from a CCTV system

Toilet:
Ceramic tiled floor, WC, wall mounted wash basin, Worcester wall mounted boiler.

Kitchenette:
Ceramic tiled floor. Stainless steel sink and drainer with tile splashback. Base unit.

Hallway:
Understairs storage cupboard. Radiator. Exit to rear yard.

Flat At 323a Poulton Road:
This is accessed by a front ground floor entrance from Poulton Road with both carpeted and vinyl floor coverings and carpeted stairs to the first floor.

Kitchen:
Laminate flooring. Modern base and wall units with worktops. Stainless steel sink and drainer.

Toilet/Shower Room:
Ceramic tiled floor. WC, pedestal wash basin and shower cubicle with electric shower. Radiator.

Bedoom No.1.:
Carpet. Radiator.

Landing Areas:
Carpet. Radiator.

Bedroom No.2.:
Carpet.

Lounge:
Carpet. Feature fireplace with gas fire.

Outside:
The shop is protected to the front by electrically operated roller shutters. There is a brick built garage 6.04m x 3.04m with timber doors. There is a gated exit from the yard.

Staffing:
One full time owner and two part time staff.

Fixtures & Fittings:
A schedule of fixtures and fittings will be made available for prospective buyers.

Property information

Property:

Freehold

Lease terms:

Financial Profile:
The vendor will be pleased to discuss all the financial aspects of the business with prospective buyers.

Tenure:
Freehold. The flat at 323A Poulton Road is currently let on a six month assured shorthold tenancy agreement at £75 per week. Jolley & Co have not examined any lease or title documentation and a buyer must arrange for their solicitor to verify that this information is correct.

Uniform Business Rates:
Wirral Borough Council have verbally provided the following information: Rateable Value £1,500. Rates ayable 2007/8 £666. Small Business Rate Relief may be claimable upon application.
Council Tax re flat- Band A. Payable 2007/8 £886.63.

Price:
£169,950 for the freehold property, goodwill, fixtures and fittings plus SAV.

Living accommodation:

Accommodation Included.

Location:

Location:
The business is located in a densely populated residential area. The popular Rose & Crown public house is next door. It also benefits from being opposite Central Park which has walkways to other parts of the area. Poulton Road is a busy Wallasey connecting road and a bus route and has roadside parking on both sides.

Other information

Trading hours:

Opening Hours:
10:00am - 5:30pm in winter (October to March) and 10:00am - 10.00pm in the summer (April to September).