FOR SALE: 01482 645522 Quix News, 281 Grimsby Road ...

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FOR SALE:

01482 645522

Quix News, 281 Grimsby Road, CLEETHORPES, DN35 7HE

£160,000 for long leasehold property, fixtures, fittings and business plus SAV FEATURES Long established newsagents and convenience store business Prominent main road location Wide catchment area Trading from long leasehold property with living accommodation

CONTACT Carl Bradley [email protected] 07971 875 863

Clark Weightman, 20 The Weir, Hessle, HU13 ORU  www.clarkweightman.co.uk

For Sale: Quix News, 281 Grimsby Road, CLEETHORPES, DN35 7HE DESCRIPTION

The property comprises a mid terraced building of traditional brick construction under a pitched slate roof. The shop has an uPVC shop front with security shutter and a recessed central entrance. The remainder of the property is used for residential purposes and benefits from gas fired central heating and uPVC double glazed windows. Internally the shop benefits from fixed shelving, central gondolas, refrigeration units and a suspended ceiling with fluorescent lighting. To the rear there is a single garage which is also used for storage purposes. Quix News trades as a newsagents and general / convenience store. The accounts for the year ending April 2015 show a turnover of £401,219 and a gross profit of £68,196. Further financial information is available on request. In addition to the two company directors the business employs four part time staff and a number of paper boys.

LOCATION

ACCOMMODATION

Ground Floor Shop 43.6 sq m (469 sq ft) Office / Storage 6.5 sq m (70 sq ft) Dining room & Fitted kitchen First Floor Sitting room, bathroom, three bedrooms. OTHER INFORMATION Local Authority - North East Lincolnshire Council Rateable Value - £4100 (2017). The living accommodation is in Band A for Council tax purposes.

Quix News is situated on Grimsby Road in Cleethorpes close to the junction with Suggitts Lane. Grimsby Road is the main arterial road leading in to Cleethorpes from the A180 and the neighbouring town of Grimsby. This par of Grimsby Road is essentially a secondary / neighbourhood retailing area with residential properties opposite and also residential on the side streets running immediately off Grimsby Road. There is a wide catchment population for the business. TERMS

We are seeking offers in the region of £160,000 + SAV for the business and long leasehold property. The business trades as JN & JA Grice Quix Limited and it is the company which will be sold. The leasehold property is owned personally by the directors of the company. Further information is available on request.

EPC - The Property has an Energy Performance Asset Rating D. Services - All mains services are connected to the property. None of the services have been tested and prospective purchasers are advised to check on the adequacy of these services for their purposes. VAT - All prices expressed in these particulars are exclusive of VAT. We will be pleased to confirm whether VAT is applicable to this transaction. Tenure – We have been advised by the client that the property is held on a long leasehold basis. The lease is for a term of 999 years from 1927 at a rent of £9.50. Legal Costs – Each party will be responsible for their own legal costs in respect of this transaction. Notice - Clark Weightman Limited for themselves and for Vendors or lessors of this property whose agents they are giving notice that: (I) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (II) all descriptions, dimensions, referenced condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them: (III) no person in the employment of Clark Weightman Limited has any authority to make or give any representation or warranty whatever in relation to this property. Agency Pilot File Reference: 15/157.

Clark Weightman, 20 The Weir, Hessle, HU13 ORU  www.clarkweightman.co.uk