FOR SALE
Cobblers Business For Sale
Station Road
Rushden
Northamptonshire

Offers in region of £35,000

We are pleased to offer for sale this long established shoe repairing business close to Rushden Town Centre. The business is offered as a going concern. A new 10 year Lease of the existing premises is available to the new owner.

Leeding Shoe Repairs was established in 1914 and located in Station Road, Rushden about ½ a mile from the Town Centre in a mixed residential and commercial area. It is well known in the local community and offers an excellent opportunity for an entrepreneur to acquire and develop further in this busy specialist trade.

Offers are invited in the region of £35,000 for the business with machinery, shop fittings and stock at valuation.

Accommodation comprises:

• The property provides the following accommodation at ground floor level:
• Shop: 4.25m (max) x 3.7m (max)
• Store: 4.25m x 4m
• Workshop: 11.2m x 2.4m, wc.
• Outside: There are further stores and a shared garden area.

Services:
Mains electricity, water and drainage are all understood to be connected to the property.

Business Rates & Council Tax:
We understand from the Valuation Office web site that the Rateable Value of the property is £1,200. The rates payable will be dependent on the incoming tenants personal circumstances.

Tenure:
The business is to be sold subject to a new 10 year full repairing and insuring lease for the property at an initial rent of £4,800.00 per annum with rent reviews at the end of years 3, 6 and 9.

The incoming tenant will be required to provide references and to make a reasonable contribution towards the Landlords legal expenses for preparing the tenancy agreement.

Price:
Offers are invited in the region of £35,000 for the business with machinery, shop fittings and stock at valuation.

Viewing:
Strictly by appointment via the Sole Agents, Peachey Loak Chartered Surveyors on: 01933 403233