Property Details

 
£40,000
Hollins Road, Oldham, OL8 3UT
     
    The Sapphire Indian Takeaway has already established an excellent reputation within the area having built a huge customer portfolio who provide repeat custom on a weekly basis.

    The business also benefits from passing trade being sited on a main road trading position and within a densely populated residential area.

    The premises provides significant shop frontage which are clearly visible to passing traffic who use the Hollins Road route to join the interlink access to the M60 outer ring road Manchester and the A62.

    Full Description

    This concern provides a lockup retail premises with significant shop front. The premises provides significant shop frontage which is clearly visible to passing traffic who use the Hollins Road route to join the interlink access to the M60 outer ring road to Manchester.
    Internally the premises offers a modern customer waiting area with counter and a commercial kitchen with an excellent range of quality catering equipment and extraction systems.

    There is additional storage areas on the same floor and a private yard to the rear of the premises.

    This highly profitable business operates mainly in the evenings and is mainly run by staff with the current owner having to commit to many of his other concerns.

    This business would suit an ambitious and energetic person with new and innovative ideas to accommodate the ever changing palate. The business does not have an on line presence and with further digital marketing would certainly boost the business further.

    With so much potential for growth this business is not to be missed and therefore early viewing is highly recommended.

    The premises will be held on a secure lease with sensible rent.

    We have been advised by the current owner, the unit has planning consent for both A5 uses.

    Commercial EPC rating: 106 (E) (www.ndepcregister.com)

    (All measurements have been taken compliant to the RICS code of measuring practice. These measurements have been taken in metric and converted to the nearest imperial equivalent).

    Combined NIA commercial premises only- 550 sq ft

    1.Counter/reception area- 111.51 sq ft (10.36 sq m)
    2.Kitchen-213.01 sq ft (19.79 sq m)
    3.Storage-226.47 (21.04 sq m)


    Rental/Price

    Rent - £8840 per annum (£170.00 per week).
    Business price – OIRO of £ 40,000).
    Financial Details
    Full financial details are available after a viewing.
    Fixtures and Fittings
    Full range of commercial equipment and counter equipment. A full inventory will be provided upon request.

    OUTGOINGS

    With reference to the Valuation Office Agency website, the property has been assessed for uniform business rates with a rateable value in the 2019 Ratings List of £2,500

    Further enquiries should be made with the business rates team to confirm actual rates payable (small business rates relief apply for properties with a rateable value less than £15,000).
    We have been advised by the current owner that under current terms they receive full business rates relief.

    Terms: Leasehold

    The premises is being offered to let on flexible terms by the way of a new effective full repair and insure lease (FRI lease) for a term of years to be agreed incorporating three year rent reviews where applicable.

    VAT

    The prices and/or rentals quoted are exclusive of VAT (if applicable).
    VAT is not applicable in this case

    Legal Fees

    Prospective Tenants will be responsible for their own legal fees as well as the Landlord’s.

    Viewing Arrangements

    Viewing, by arrangement with the sole agents, Maya Property Services

    Parking Notes

    Car park behind premises and on street parking is available to the front of the premises.

    Services

    We are advised that all mains services are connected.

    ADDITIONAL INFORMATION

    We endeavour to make our sales and lettings particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
     
     
     

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