LOCATION

This Large double fronted Convenience Store (2 shops merged into 1) A well established business with an enviable reputation and part of the local community. is situated in Colne on Glen Street, It is in a prime location of Colne with the benefit of being surrounded by family homes that will be convenient for the families and be a benefit for the population of custom increasing around that particular area. It is a couple of minute`s walk away from the Colne town center. 

DESCRIPTION

Ground floor

The commercial convenience store is operated on the ground floor, the property includes a shop floor, Premises comes with 2 store rooms, regular fixtures and fittings as well as a Windows epos system, 16 high-tech CCTV operating system with sound, and an onsite ATM machine. A Payzone terminal is installed, with an open opportunity to apply for lottery, scratch cards, and PayPoint which would have a significant effect on turnover. There is also demand locally for newspapers, magazines, and parcel services. it's ready for someone to take over! The shop doesn`t have to be used as a convenience store, it is convenient for other business types such as solicitors, auto stores for cars, accountancy, and a beauty salon. The current class use for a convenience store is F2, so if you change the business type you need to contact your local council to register for the new class use.

The shop also has the benefit of a fitted top-of-the-range camera system, the camera system is a brand of HIK Vision with a supply of 16-night vision cameras, and sound recording included. Which provides an advantage of extra security. 

This would be an ideal investment opportunity for investors wanting to buy to use for their own purpose, or could potentially rent it out with a potential rental income of £750.00pcm providing a yield rate of 12%. A real opportunity to increase turnover and profits, the current owner has been running at a pace to suit. Further opportunity to increase premises license hours. 

Please contact our office for further information regarding the stock as this isn`t included in the market price of the property. 

ACCOMMODATION 

Measurements to follow

PRICE

£59,995 plus stock

SERVICES

The premises have the benefit of all mains services including a substantial power supply and gas central heating. The premises also benefit from fully double-glazing.

SERVICES RESPONSIBILITY

It is the prospective purchaser's responsibility to verify that all appliances, services, and systems are in working order, and are of adequate capacity and suitable for their purpose.

PLANNING

It is the prospective purchaser's responsibility to verify that their intended use is acceptable to the local planning authority.

BUSINESS RATES

Please contact the local council 

LEGAL COSTS

Each party is to be responsible for its own legal costs incurred.

VAT

All prices quoted are exclusive of but may be subject to VAT at the prevailing rate.

Please contact our office for further information or to arrange a viewing.