Finkle Street, 4
Workington
About this property:
***RARE LEASEHOLD BUSINESS OPPORTUNITY***
SALE OF RICHARD JAMES NEWSAGENTS DUE TO RETIREMENT
OFFERS IN THE REGION OF £100,000
ARE INVITED FOR THE BUSINESS, STOCK,
FIXTURES & FITTINGS, TRADE NAME AND GOODWILL
WITH LEASEHOLD TENURE
NO VAT PAYABLE ON THE RENT
LOCATION
4 Finkle Street is positioned in the centre of Workington and lies prominently on the corner junction where Finkle Street merges with Pow Street, Murray Road and Speedwell Lane.
DESCRIPTION
4 Finkle Street comprises a two-storey mid terraced building. The ground floor provides DDA access and window frontage onto Finkle Street, and internally is a rectangular shaped sales area. The first floor is basic storage, staff kitchen and WC. The second floor provides further basic stores.
THE BUSINESS - RICHARD JAMES NEWSAGENTS
The newsagent has been operating from the premises for over 30 years. The owner is looking to sell due to retirement. Full information on accounting info, staff, turnover and profits, can be made available via the agent.
ACCOMMODATION/AREAS
Ground Floor: 36.29 sq m (391 sq ft)
First Floor: 31.88 sq m (343 sq ft)
Second Floor: 10.72 sq m (115 sq ft)
SALE PRICE AND LEASE TERMS
Offers in the region of £100,000 are invited for the sale of the business, stock, fixtures & fittings, trade name and goodwill.
The passing rent is £12,500 per annum exclusive, on the existing lease expiring mid 2028. A new lease is directly available from the landlord, subject to covenant strength and terms offered. Alternatively, an assignment or sublease of the whole would be considered.
Terms: For Sale: £100,000
Size: 78.89 m² (849 ft²)
Postcode: CA14 2AY
Ref:BB/7644
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