Key Features:
Weekly sales £8,500 (TBC)
Annual rental £14,500 plus VAT
Shopping centre location
Well established business
Lottery & PayPoint
Viewings
Any viewings for the business and/or property are by appointment only. Under no circumstances should any direct approach be made to the owner or their employees.
Location
This business is situated within a local shopping centre at Chevely Park within the residential area of Belmont, just east of Durham city centre and the A1. This is an excellent business location with good local amenities and transport links available. The business is situated just off Broomside Lane and is a few hundred metres from High Street and within half a mile of three different schools, resulting in a high volume of footfall and passing trade.
Business Premises
Ground floor premises incorporates ground floor retail zone, internal storage and toilet.
Shop Measurements
Ground floor trading area 46.61m²
Ground floor internal storage 30.44m²
Ground floor staff toilet 2.5m²
Ground floor total 79.55m²
Employees
Currently run by staff. TUPE rules do not apply.
EPC Rating
Rating D valid until 24 February 2036
Trading Hours
Monday to Friday 7:00am – 9:00pm
Saturday 7:00am – 9:00pm
Sunday 8:30am – 9:00pm
Premises Licence Hours
Monday to Sunday 8:00am – 11:00pm
Annual Rent: £14,500 plus VAT
Rateable Value: £11,000
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Property Type
A1/A2 Retail and Financial/Professional Services
Tenure
Leasehold
Lease Terms
25 Year Lease Commencement September 2021
Rent review October 2026
Annual Rent £14,500 plus VAT
Property Type
A1/A2 Retail and Financial/Professional Services
Disclaimer Notice
The information shown for the business is based on a site assessment and financial documentation provided to us, A1 Businesses Ltd. by the vendor. We have been informed by the vendor that the financial information provided to us is correct and reliable at the time of marketing. We, A1 Businesses Ltd cannot accept liability as to the accuracy of this information and advise any interested parties to make their own enquiries in order to satisfy themselves that all information provided, particularly financial, is satisfactory before making any commitment to purchase the business.
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). See our disclaimer page for more details.
