Cambridge, CB1 3LP, GB
Hardware and Discount Retailer which occupies a highly visible prime trading position on one of the main shopping streets that runs through the sought after trading city, Cambridge. Kailash Stores has been serving the local area since the 2009 and is now reluctantly being placed on the market as the owner wishes to retire.
During our client's stewardship the business has built up an excellent reputation for its welcoming atmosphere, friendly service and fantastic selection.
This thriving opportunity is operated as a multifaceted business offering a comprehensive range of homeware, DIY, stationery, pet, gardening, kitchenware, personal and travel products many of which are at discounted prices.
Kailash Stores enjoys an all year-round trade with sales in the region of £140,000 with excellent gross profit margins. There is tremendous potential to increase the turnover and profits by possibly running a modest marketing campaign, extending the opening hours to include Sundays or by offering online sales as the business is currently without a major online presence.
Substantial leasehold building, benefiting from being in a highly visible position on one of the main shopping streets in the world-famous City of Cambridge.
The premises are fitted and well presented to create highly functional internal business accommodation.
The premises briefly comprise:
Accounts will be provided to genuine purchasers after a formal viewing
Business rates payable: £8,500
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk
The business stock value is: approximately £25,000
The business is run by the proprietor and his wife.
Commercial Energy Performance rating: TBC
Please Note: The Code for Leasing Business Premises in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website: www.leasingbusinesspremises.co.uk
Each party to bear their own legal costs incurred in the transaction.
Strictly by appointment with the vendor’s agents, Falcon Commercial, Second Floor Offices, 114/116 High Street Honiton EX14 1JP on 01404 758081
Mill Road is a street in southeast Cambridge, England. It runs southeast from near to Parker’s Piece, at the junction with Gonville Place, East Road, and Parkside. It crosses the main railway line and links to the city’s ring road (the A1134).
Mill Road is approximately 1 mile long and contains an array of Shops, Cafes and international Restaurants. It is regraded as one of Cambridge's most vibrant destinations