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Rectory Grove, Leigh-on-Sea, SS9

£250,000

£336.93 per sq ft

Business rates & charges may apply

Dedman Gray Property Consultants Limited, Thorpe Bay
SIZE AVAILABLE

742 sq ft

69 sq m

SECTOR

High street retail property for sale

Key features

  • Established In 1963!
  • In Bustling Location
  • Approx. 740 Sq.Ft. Overall
  • Substantial Turnover/Profits
  • Renewable Lease
  • Reasonable Rent

Description

DESCRIPTION:
Possibly one of the longest established businesses of any kind in Leigh, and only for sale due to the owners retirement. Established in 1963 having been providing Health Foods, supplements & associated Health products for over 60 years!

The Business

Established in 1963 by the current owners father, and under the current stewardship since 2008, Greens has been the 'go to' Health Foods venue for everything natural, ethical and environmental.

Property

All measurements are approximate, and were measured on a gross internal are basis: Shop: 480 sq.ft. including a small understairs Office with CCTV system Timber Store: 214 sq.ft. leading into: 2 inter-communicating garages (stores) 239 sq.ft. accessed either via the rear of the shop or the rear service road. Outside WC: 30 sq.ft.

Features

Established In 1963! In Bustling Location Approx. 740 Sq.Ft. Overall Substantial Turnover/Profits Renewable Lease Reasonable Rent

Turnover/Profits

The accounts of the business have shown consistent and substantial turnover and net profits over many years. Over the 5 year period 2018-2022, turnover has averaged £670,558 with net profits averaging an impressive £153,740! (Copies of the accounts and other sensitive information will only be shared with bona fide parties who have entered into a NDA).

Trading Hours

Monday to Saturday 8.30am till 5pm. Closed on Sundays.

Staff

The business is run by the vendor with 2 full timers and 1 part timer.

Tenure/Rent

Leasehold. A fully repairing and insuring lease granted for 15 years from the 9th June 2010. Rent £11,750pa payable quarterly plus £2,040pa for the garages/stores.

Business Rates

The most recent assessment shows an adopted value of £9,200. Being under the £12,000 threshold, qualifying occupants will be able to claim 100% Small Business Rates relief.

Legal Fees

Each party is to be responsible for their own legal fees.

Brochures

Rectory Grove, Leigh-on-Sea, SS9

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leigh-on-Sea Station0.6 miles
  • Chalkwell Station0.8 miles
  • Westcliff Station1.7 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference DBS210034. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dedman Gray Property Consultants Limited, Thorpe Bay. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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