Commercial Property for sale in Cowes, PO31
The Arcade, Cowes, PO31£55,000
Agent details
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Full Details for Commercial Property for sale in Cowes, PO31 :
LOCATION
Ground floor premises situated on The Arcade in the heart of Cowes. The Arcade enjoys a very busy foot fall with passengers for the Red Jet passing right by the premises.
PREMISES
Glazed frontage of 3.61 m leading to retail space of approx. 30 m² with various shelving, display units and counter. Office, WC, store and kitchen. There is also a pavement retail area.
RENT AND TERMS
£55,000 for the assignment of the balance of a 10 year lease from 16th December 2011. Rent £7750 per annum paid quarterly. Suitable for other A1 use if required.
BUSINESS
Trading as a newsagent and stocking a variety of products including sweets, cigarettes, snacks, milk and bread the business has a healthy turnover and good profit margin. Accounts will be available to bona fide applicants on viewing.
RATES
UBR £6,200 (2014-15 multiplier £0.482 before small business relief)
VIEWING
All viewings to be arranged via our Commercial Office 01983 527727.
Ground floor premises situated on The Arcade in the heart of Cowes. The Arcade enjoys a very busy foot fall with passengers for the Red Jet passing right by the premises.
PREMISES
Glazed frontage of 3.61 m leading to retail space of approx. 30 m² with various shelving, display units and counter. Office, WC, store and kitchen. There is also a pavement retail area.
RENT AND TERMS
£55,000 for the assignment of the balance of a 10 year lease from 16th December 2011. Rent £7750 per annum paid quarterly. Suitable for other A1 use if required.
BUSINESS
Trading as a newsagent and stocking a variety of products including sweets, cigarettes, snacks, milk and bread the business has a healthy turnover and good profit margin. Accounts will be available to bona fide applicants on viewing.
RATES
UBR £6,200 (2014-15 multiplier £0.482 before small business relief)
VIEWING
All viewings to be arranged via our Commercial Office 01983 527727.
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