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Hexagon Commercial Property - Ref: 53616

Studio Bedroom property to rent in Kingswinford, West Midlands0
No Pets
commercial
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Studio Retail Property (High Street) to rent.

2 Barnett Lane, Kingswinford

£12000 Annual

Hexagon Commercial Property
Hexagon Commercial Property The Auction House 87-88 St Johns Road Stourbridge

Nearest stations

  Stourbridge Town  3 miles
  Lye  3.4 miles
  Stourbridge Junction  3.7 miles

Property Information

Ref ID: 53616

Date available: 14-Jul-2024

Furnishing: Unfurnished

Property type: Retail Property (High Street)

 

Details

LEASE PREMIUM (£22,500) PAYABLE - READ BELOW Hexagon Commercial Property are delighted to present a rare opportunity to rent a fantastic neighborhood retail unit within the Village of Kingswinford - a commuter village in the borough of Dudley in the West Midlands. The current tenant has traded successfully since inception in 2020 - focusing on the sale of coffee, cakes, light bites (including breakfast items), a variety of cold drinks such as ice coffee, frappes, milkshakes and afternoon teas, both to eat in and takeaway. The coffee shop has strong community support and has built up a regular visiting clientele, with table bookings being a daily occurrence. The coffee shop is located between a number of popular local schools and is in a residential area that is close to, 2 local parks.There is scope to increase turnover and profitability by longer opening hours (currently opens 5 days a week), delivery service, expanding offering plus more. The property is currently fully fitted and offers a turn-key Coffee Shop opportunity for an incoming tenant. There is a premium payable to the outgoing tenant in the sum of £22,500 for the fixtures and fittings. A full inventory of items included in the sale is available along with Financial trading and lease information - please contact Hexagon for further details.
Ground Floor: Retail - 561 Sq Ft Kitchen - 126 Sq Ft Store - 41 Sq Ft Total - 728 Sq Ft
The premises are on a well established parade of shops in Kingswinford, with the main high street in Kingswinford only a short distance away and local schools in close proximity.
Leasehold
Rateable Value: £7,200 It is thought that an ingoing tenant should benefit from 100% business rate relief via the Small Business Rate Relief government initiative however confirmation should be sought.
For further information or to arrange a viewing, strictly contact the agents priors to: Harvey Pearson 07387 165 367 hp@hexagoncommercial.co.uk Jack Summers 07446 912 228 js@hexagoncommercial.co.uk

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Disclaimer

Property reference 53616. The information displayed about this property comprises a property advertisement. rentright.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rentright has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hexagon Commercial Property.

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