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35 Greenhill Street
Location : Stratford upon Avon
Date Available: Now
Overview
Valuable business for sale due to retirement and established over 50 years ago.
Type: Business for sale
Price: Offers in the region of £60,000 are invited for the valuable business.
Overview
SITUATION Stratford upon Avon is set in the heart of Warwickshire and is one of the largest tourist centres outside London. The premises are situated in the centre of Stratford upon Avon.
DESCRIPTION The premises are a two storey brick building occupying a very prominent corner location with car parking to the rear. There is a separate entrance to the flat off Greenhill Street.
Ground floor sales area 590 sq.ft (54.8 sq.m)
Rear store 120 sq.ft (11.2 sq.m)
Separate WC -
Separate entrance to a good two bedroom flat.
THE LEASE The premises are held on a 5 year lease from 24th June 2017. The lease allows the tenant to sub let the flat.
RENT £22,000 per annum exclusive.
BUSINESS Foster Frames is an established picture framing business. It has a very strong clientele both within the town and the County.
FINANCIAL ACCOUNTS Financial accounts for the last three years are available on request. Prior to Covid profits for each year have ranged from approx £30,000 to £40,000 per annum. Turnover post Covid is expected to reach the same levels as pre Covid very quickly.
INVENTORY An inventory is available to bona fide purchasers.
RATEABLE VALUE Shop - rateable value £14,250 Flat - Council Tax Band A
PREMIUM Offers in the region of £60,000 are invited for the valuable business.
LEGAL COSTS Each party to be responsible for their own legal costs incurred in this transaction.
VIEWING Strictly by appointment with the Agents.