Staffordshire Market Town of Stone
Prime high street position
Two section trade area (60)
Popular live music venue
Net sales in excess of £100,000 per annum
SELLER REF 95756
- Asking Price:
- £30,000 Furniture / Fixtures included
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Leasehold Type:
- Existing
- Lease Terms:
-
LEASEHOLD £30,000 to include goodwill and fixtures and fittings. Stock at valuation in addition.
The Property is held on a five year lease which commenced on 23 May 2023, with the current rent standing at £1,600 per calendar month. Rent reviews on the second, third and fourth anniversaries of the commencement date. Deposit £1,400. Free of all trade ties. The lease is protected by Part II of the Landlord & Tenant Act. This is a full repairing and insuring lease agreement.
A new five year lease may be available by negotiation.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
- Location:
-
The Wren is located in the heart of Stone town centre, Staffordshire. The town lies seven miles north of Stafford and seven miles south of Stoke-on-Trent. The Mersey and Trent Canals run through Stone and the town has an excellent reputation for food and drink, cemented by its monthly Farmers’ Markets and its annual Autumn Food & Drink Festival. The property is located in a high street position surrounded by other hospitality and retail outlets.
Stone lies just off the A34 which links Stoke-on-Trent to Stafford. The M6 motorway is accessible via the A51. The Wren occupies the ground floor of 75 High Street which is a brick constructed, mid- terrace property under a pitched slate roof.
