£8,750 per annum
Commercial Property, Shops
Harbour Lights Giftware business enjoys an enviable seafront/harbour location within the all year trading busy seaside resort of Torquay, Devon. Harbour Lights offers a full range of popular gifts and souvenirs, this successfully owner operated double fronted lock-up retail shop enjoys huge footfall, passing vehicular traffic and enjoys a location second to none. Having been operating successfully for over 25 years in this location, it is now being offered for sale only due to client's personal reasons. Early viewings are highly recommended.
Torbay is made up 3 towns of Torquay, Paignton and Brixham and is a busy all year round resort. Torquay and the surrounding countryside have plenty of night and daytime interests to suit all pockets and tastes of singles, couples and families. The waterfront is a lively focus for the town, and the palm tree lined harbour in front of the business surrounds the prestigious Torquay Marina. This business is ideally located on Victoria Parade which runs alongside and fronts onto Torquay Harbour and benefits from passing trade. The area further benefits from a new walkway over the harbour to front and is only a very short distance to town centre, local amenities and there are large car parks within 50m of this business.
Harbour Lights has been owner operated successfully for many years and is only now being placed onto the open market due to our clients personal reasons. They have operated wqith a successful formula which has provided our clients with a welcome income and lifestyle. We he agents, however, feel there is great scope to expand on the impressive turnover and actual trading accounts will be made available following as successful formal viewing.
Double fronted shop front wit part glazed door into:
Main Retailing Area
8.15m x 4.52m
With tiled flooring
Full array of wall mounted shelving.
Freestanding display gantries
Well appointed counter with wrapping area
Impulse display stands to front
Stock Room 1
5.04m x 1.98m
Comprehensive shelving to all sides
Low level WC and wash hand basin
Small area for making teas & coffees
Stock Room/Store 2
3.75m X 2.53m
Comprehensive shelving for the storage of stock and general wares
Fixture and Fittings
Trade fixtures and fittings equipment, within this land and building, with the exception of the vendors private inventory will be included in this leasehold sale. Full inventory will be made available prior to exchange of contracts.
Mains electricity, water and drainage are all connected, however no testing of these services has been made by the Agents Ware Commercial.
Passing rental £8750 pa exclusive,
3 yr reviews, the next being April 2014.
Redecoration undertaking for outside and inside.
Lease Term 9 years: April 2008 - April 2017
£24,000 plus stock at valuation
Ingoing tenant to pay landlords reasonably incurred lease assignment / set up costs
Property reference: cprp2sj4j5
The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by Ware Commercial. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.