Greetham Rutland LE15 7NL

For Sale £39,950

Property Details

Greetham Rutland LE15 7NL

For Sale £39,950
Description

Village shop and post office business for sale

- Rutland

Village shop with Post office for sale leasehold
Lock up shop with rear courtyard with potential
Current rent guide of £6k per annum
Current post office salary circa £7k per annum
Asking price of £39,950 to include fixtures & fittings

LOCATION
Greetham is a village and civil parish in the county of Rutland in the East Midlands. Greetham is located close to the A1 between Grantham in the North and Stamford in the South.
The village is on the B668 road between the county town of Oakham and the A1 and on the north-south Viking Way long distance footpath linking the Humber Bridge and Oakham.
The population of the civil parish at the 2001 census was 609 increasing to 638 at the 2011 census.

DESCRIPTION
Occupying the ground floor of a 2 storey brick built property under a pitched tiled roof.
Rear enclosed courtyard for storage and potential for a seating area or small village café.

ACCOMMODATION
Open plan shop with fixed and freestanding shelving and fridges.
Post office area and store room.
Back office, W/C and access to the rear courtyard

SERVICES
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

TERMS
The business is being offered sale on a leasehold basis with a premium of £39,950 to include all fictures and fittings.
There will be a new lease created with a passing rent in the region of £6k per annum (no vat). Minimum lease term 5-years.
The post office salary will not automatically transfer, interested parties will need to complete a post office application form.

OUTGOINGS
According to the valuation office agency the current rateable value is £5k per annum, full rate relief should be available subject to status. Interested parties should contact Rutland County Council for all rates enquiries.

VAT
We are advised that the property has not been elected for VAT.

LEGAL COSTS
The incoming buyer will be expected to contribute towards the sellers legal fees capped at a maximum of £2k.

SERVICE CHARGE
Not applicable.

PARKING NOTES
On Street parking to the front of the shop is available for staff and customers.

PLANNING
The current planning allows for A1 retail use.

OTHER
Finance may be available through Independent Financial Brokers and Moores Commercial would be pleased to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

VIEWING
Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email office@moorescommercial.com

Moores Commercial offer a unique personal service helping clients with all aspects of commercial property across the Midlands