DESCRIPTION
"JD Wines" is being offered leasehold for sale due to our clients other business commitments. The Off Licence has clear modern signage displayed above aluminium steel framed shop front fitting. Internally being very well presented with modern shop fittings & lighting through-out. The main service counter is positioned to the front of the premises. Storage is to the rear of the property with aluminium shuttered loading bay & separate Wc.
ACCOMMODATION
First Floor Flat: Having a separate steel staircase entrance to the rear of the property, The first floor accommodation briefly comprises of 2 bedrooms, Lounge, Kitchen & Shower room.
TERMS
We understand the premises is to be let on a new renewable FRI Lease on terms, at a rental of £25,000.00 per annum, exclusive of rates. With rent review at that time and thereafter every 3 years. An option to purchase the Freehold is currently available at £450,000.00
Turnover £10,000.00 Per Week.
Rent £25,000.00 per annum
Stock At Valuation.
Business Premium: £70,000.00 is being sought in respect of the existing business, fixtures and fittings.
OUTGOINGS
To be confirmed by Solihull City Council by any prospective purchasers.
LEGAL COSTS
Each party is liable for their own legal costs on completion.