Shop Let in Leicester, LE7
| Reference | 32367 |
| Address |
Link Road, Anstey, Leicester, LE7 7BW (Map Location) |
| Beds | 0 |
| Baths | 1 |
| Type | Shop |
| Tenancy | Long term |
8 Link Road, Anstey, LE7 7BW 71.79 m² total internal floor area Lock-up Convenience Store, Off Licence, Newsagents & Parcel Drop off Shop
Description
Once a thriving local newsagents and convenience store, the business recently failed due to poor management. This has been a major hit for the local residents who have depended on the shop for their daily needs.
This is now a major opportunity for anyone looking to run their own convenience store and newsagents without the need to pay for goodwill.
We will only allow the shop to be re-used as a convenience store and newsagents and the new owner must agree to properly renovate the shop properly prior to re-opening as the internal condition is poor.
All shop fittings, shelves, cabinets, refrigerators etc are included and anyone taking a lease on this shop will be required to present a new layout plan detailing what the fit out will be.
This is NOT an opportunity to just walk in and fill up the shelves with stock. You will need to invest in the renovation of the internal decoration of the shop before opening to the public and this will be a strict requirement of the lease.
A new lease is available for a period of up to ten years and a minimum of seven years on this lock up shop in the popular village of Anstey, Leicestershire.
The shop forms part of a parade of shops in a residential area approximately a mile from the main village.
The parade of shops consist of a a hairdressers, coffee shop and kitchen showroom. In the past, the newsagents was the anchor point of the shops and was the busiest of all the shops in the parade.
The store was also running National Lottery & parcel collections / drop off.
Mains water and electricity are connected to the property and there is a toilet, small kitchen and store area to the rear together with a back door leading into a yard at the back that has vehicular access from the side gates.
There is a good parking layby to the front of the shop, and being a primarily residential area street parking is adequate and non restrictive.
We will include a small area of space outside the front of the shop as part of the lease so that a stand of fruit and vegetables etc can be displayed in front of the windows should a tenant wish to add trade from an outside display.
The annual Lease rent will be of £8,500 plus VAT. There is no additional premium for the lease other than a negotiation over the value of the fixtures and fittings.
The new Tenant will be required to pay our reasonable legal fees in connection with the preparation and signing of the lease.
To move into this property, we will require :
1. Credit Check on the individual (s) taking out the Lease
2. If in the name of a company, we will require a personal guarantee from the directors of the company.
3. Six Months equivalent of rent to be held as deposit for the term of the Lease.
4. First full quarters rent.
5. Agreement in place that the shop will be renovated upon signing the Lease prior to re-opening.
The premises have authorised planning consent under Class A1 of the Town and Country Planning (Use Classes) Order 1987.
BUSINESS RATES
Local Authority: Charnwood Borough Council
Period: As of April 2017
Rateable Value: £7,900
We understand that you can apply for small business rates relief to Charnwood Borough Council and as such will not pay any rates on this property.