Property photos
Business
Retirement
Non quoting
Light industrial to let
Lake Industrial Way, Lake PO362,465 sq. ft
Local area information
Property location
Nearby amenities
- Broadlea Primary School 0.3 miles
- Gatten and Lake Primary School 0.6 miles
- Lake 0.7 miles
- Shanklin 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Furnished
Business for sale: £87,500 for the benefit of the leasehold premises, fixtures, fittings, equipment and goodwill, and to include the trading stock.
Rental: Unit 2C is, we understand, currently held on an informal arrangement with the Landlord, at a passing rent of £665 pcmx, to include VAT. Unit 2D is, we understand, 'holding over' with a separate Landlord, at £10,000 p.a.x. + VAT. We further understand that Unit 2D is also subject to a proportional site service charge.
Available only due to our client's retirement plans is this lucrative and profitable business, which is very long-established (est. 1994) and enjoys an excellent reputation both to the trade and within retail in all aspects of decorative and floor tiling and associated products.
This is a rare opportunity to purchase an excellent ongoing business opportunity, and should be viewed to be fully appreciated.
The sale is effectively on a 'turnkey' basis; however, any fixtures, fittings and equipment will be inventoried on the occasion of a sale. The salaried staff will expect to be tupe'd across, and have both been with the business for over 20 years and are a most valuable asset to its ongoing success.
Please contact the agents directly for full details of the business and the premises, which are held on a leasehold basis (new leases available to purchasers by negotiation).
Rental: Unit 2C is, we understand, currently held on an informal arrangement with the Landlord, at a passing rent of £665 pcmx, to include VAT. Unit 2D is, we understand, 'holding over' with a separate Landlord, at £10,000 p.a.x. + VAT. We further understand that Unit 2D is also subject to a proportional site service charge.
Available only due to our client's retirement plans is this lucrative and profitable business, which is very long-established (est. 1994) and enjoys an excellent reputation both to the trade and within retail in all aspects of decorative and floor tiling and associated products.
This is a rare opportunity to purchase an excellent ongoing business opportunity, and should be viewed to be fully appreciated.
The sale is effectively on a 'turnkey' basis; however, any fixtures, fittings and equipment will be inventoried on the occasion of a sale. The salaried staff will expect to be tupe'd across, and have both been with the business for over 20 years and are a most valuable asset to its ongoing success.
Please contact the agents directly for full details of the business and the premises, which are held on a leasehold basis (new leases available to purchasers by negotiation).
More information
Listed by
Scotcher & Co
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