Off Licence for sale in Peacehaven

Peacehaven, East Sussex


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Excellent main road trading position, EAST SUSSEX

AS STATED the business has been closed we understand since October, 2014, however, in our opinion offers terrific potential for development in the right hands.

We understand the property is leasehold having approximately 123 years unexpired at a current ground rent of £80 p.a. with reviews.

We further understand the vendor is prepared to grant a new 12 years Under-Lease at a rental of £7,800 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable at present after small business relief

REALISTICALLY PRICED FOR EARLY SALE

TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, FIXTURES & FITTINGS £55,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

OR PRICE FOR THE NEW UNDER-LEASE, FIXTURES & FITTINGS £17,500 subject to contract
Viewing Strictly by appointment.

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business information

Sale price: £17,500
Tenure : Freehold
Status: Available
Sectors:
Retail Space
Off Licences
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