Tenby
£12,500

Guide price

WELL KNOWN BUSINESS FOR SALE

INGOING PREMIUM ... £40,000

AN ESTABLISHED, SUCCESSFUL AND VERY WELL POSITIONED RETAIL BUSINESS RUN FROM AN ATTRACTIVE PREMISES WITHIN THE BUSY HEART OF THE PICTURESQUE RESORT

GENERAL

The beautiful seaside town of Tenby is the 'Jewel in the Crown' of the fabulous Pembrokeshire Coast National Park. It has a pretty harbour, several stunning sandy beaches together with a range of bespoke shops, restaurants and pubs etc.. Within the medieval town walls, Church Street links St. George Street to Tudor Square and High Street - all part of the pedestrianised area during summer months.

Underground Surf (now Underground Safe & Skate) specialises in the sale of unique branded T shirts and other clothing accessories, wet suits, surf boards, body boards and other accessories etc.. The Business was established by the current owners in 1990 and is available due to their pending well earned retirement. The Ingoing Premium is in respect of goodwill, fixtures and fittings in the Shop plus the printing equipment etc..

With approximate dimensions, the accommodation at 4 Church Street briefly comprises...

Entrance Porch

Glazed front door, staircase up to WC for Shop and Flat (excluded from sale) door to:-

Retail Shop

19'7' x 14'9' (5.97m x 4.50m maximum to include staircase narrowing to 9'8' (2.95m) at rear), display window with glazed access doors to both sides, exposed timbers, access down to:-

BASEMENT

Additional Retail

17'9' x 13'1' (5.41m x 3.99m max narrowing to 11'5' (3.48m)) plus Storage Area under staircase, access via slate steps, stone featuring, beamed ceiling, Changing Booth

FIRST FLOOR

Staff WC

With access off Landing.

AGENTS' NOTES

The First and Second Floors are excluded from the sale. They will be/have been converted into a Flat which is likely to be holiday let.

OUTSIDE

There is no Yard or Garden.

SERVICES (none tested)

All mains connected.

PROPOSED LEASE

Term - say 5 to 10 years.

The Initial Rent - £12,500 per annum. (i.e. £240.38p. per week).

RESPONSIBILITIES

The Tenant will be responsible for the shop front, internal repairs and redecoration, utilities, rates and 50% of the building insurance premium etc.. Details to be confirmed

THE BUSINESS

Copies of recent years Trading Accounts can be made available to the financial advisors of bona fide interested parties who must first have viewed 4 Church Street.

FURTHER ENQUIRIES AND VIEWING ARRANGEMENTS VIA GUY THOMAS & CO ON 01646-682342

01646 278284

Guy Thomas & Co

33 MAIN STREET, PEMBROKE, DYFED

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