Hexagon Commercial Property - Ref: 53616

Property Information

Ref ID: 53616

Date available: 16-Jun-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