Salisbury, Wiltshire

£45,000

Guide price

  • Bedrooms: 2
The Newsagents is a family owned and run local business. The shop is situated in a highly visible location on the eastern outskirts of Salisbury city centre. The premises comprises a street level shop with Leasehold accommodation over three floors. The business is being offered for sale due to the current owners retirement.

LOCATION

Estcourt Road is within walking distance of the centre of the historic city of Salisbury and close to local amenities and schooling. The cathedral city has extensive shopping facilities, a twice weekly market and a good range of cultural, social and educational amenities including restaurants, theatre, arts centre, cinema, Wiltshire College and South Wiltshire University Technical College. There are a variety of state and private, primary and secondary schools within and outside the city boundary and the property is within walking distance of both the girls and boys grammar schools. Leisure and recreational facilities include the Five Rivers Leisure Centre, private members gymnasiums, golf club, recreation ground and three tennis clubs. Salisbury has good road links to London (A30/A345/A303), Southampton (A36), and Bournemouth (A338) and the mainline railway station serves London, Waterloo (journey time 90 minutes) and the West Country.

HIGHLY REPUTABLE LOCAL FAMILY BUSINESS ESTABLISHED 1998

GROUND FLOOR SHOP WITH FIXTURES AND FITTINGS, STORE ROOM/CELLAR AND OFFICE

ACCOMMODATION WITH FIRST FLOOR SITTING ROOM, 2 BEDROOMS, BATHROOM AND KITCHEN

12 INDIVIDUAL 7 DAY PAPER ROUNDS

LEASE—THE BUIDING IS AVALABLE SEPARATELY ON A NEW FULL REPAIRING AND INSURING LEASE ON TERMS TO BE AGREED

SERVICES– MAINS ELECTRICITY, WATER AND DRAINAGE ARE CONNECTED TO THE PROPERTY

BUSINESS RATES FOR THE SHOP—CURRENTLY RECEIVING SMALL BUSINESS RELIEF

COUNCIL TAX BAND FOR THE ACCOMMODATION: BAND A - £1,132.32 FOR YEAR 2017

PLANNING AND VAT - PROSPECTIVE TENANTS MUST SATISFY THEMSELVES AS TO THE PERMITTED PLANNING USE OF THE PROPERTY AND ALSO WHETHER VAT IS APPLICABLE

LEGAL COSTS—BOTH PARTIES REASONABLE LEGAL COSTS ARE TO BE BORNE BY THE INCOMING TENANT

REFERENCES—ACCOUNTANCY AND FINANCIAL REFERENCES MAY BE SOUGHT PRIOR TO AGREEMENT

THE GOODWILL OF THE BUSINESS IS AVAILABLE FOR A PRICE OF £45,000 PLUS THE VALUE OF THE CURRENT STOCK

TURNOVER—DETAILS AVAILABLE ON REQUEST

NET PROFIT—DETAILS AVAILABLE ON REQUEST

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