(For the Lease and Business Plus Stock at Valuation) Thriving and Long-Established Business For Sale - Located within the recently refurbished Cornhill district of Lincoln, this property occupies a prime position, opposite the Market Hall and comprises a very well-regarded and long-established sweet shop business, popular with locals and tourists alike. The premises, held on Lease, provide extensive ground floor retail accommodation together with additional storage and office accommodation at ground and first floor level, extending, in total, to 67 sq.m (720 sq.ft).
- Asking Price:
- £65,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises are available to take under the terms of a new Lease for a term of 5 years, at a rent of £22,000 plus VAT per annum. A deposit may also be payable.
- Leasehold Rent:
-
£22,000 per annum
- Location:
-
The property is prominently positioned within the recently regenerated Cornhill district of Lincoln City Centre and Sincil Street provides a direct-link between the Waterside Shopping Centre and the Lincoln Transport Hub, comprising the Bus and Railway Stations. Sincil Street contains an eclectic mix of local retailers and is located directly opposite the indoor market and restaurants and leisure facilities available within Cornhill.
- Premises Details:
-
At ground floor level, the retail accommodation is open-plan, extending to circa. 40 sq.m (430 sq.m). In addition, there is ground floor storage accommodation and at first floor level, further office space with ancillary stores and staff room/WC facilities. The overall floor area extends to 67 sq.m (720 sq.ft).
- Size in square feet:
- 720
- Energy Performance Rating:
- C
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Retirement
- Years established:
- 56
