Retail premises for sale in Hollins Road, Oldham OL8

£40,000
Retail premises for sale
Interested in this property? Call +44 161 937 6737 * or Request Details

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Property description

Description

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) ()

(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.

Property info

Arrange Viewing

For more information about this property, please contact
Maya Property Services Ltd, OL1 on +44 161 937 6737 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Maya Property Services Ltd, and do not constitute property particulars. Please contact Maya Property Services Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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