Queen Street , Ramsgate

KENT CT11 9HF


£9,000 PER ANNUM / £35,000 PREMIUM

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Property Features

  • Retail
  • Status: To Let
  • Square Ft.: 552
  • End of Terrace
  • Garage
  • Off Road Parking

RENT : £9,000 PER ANNUM

PREMIUM : £35,000 FOR THE GOODWILL, FIXTURES AND FITTINGS

MODEL SHOP BUSINESS FOR SALE IN RAMSGATE

 

LOCATION:                                                                                             

The property in the upper section of Queen Street in a parade of shops in a prominent main road location.  Other shops in the parade include Insurance Brokers, Letting Agent, Dry Cleaners and Charity Shop.  Adjacent to the property is a Waitrose Supermarket and the town centre and Royal Harbour are approximately 250 m. distant. 

The location is ideal for a Model Shop which has a good catchment area and on street parking (payable) in the vicinity of the property. 

 

DESCRIPTION:                                                                        

The property comprises a well established leasehold model business in a ground floor lock-up shop unit with a sales area c. 46.10 sq.m. (496 sq.ft.) with a double fronted shop front with recessed entrance area.  The shop is fully fitted with display units, racking and a counter. 

At the rear there is a storeroom c. 5.25 sq.m. (56 sq.ft.) used as a stockroom.  There is a cloakroom and access to the rear.  Outside there is a garage with an up and over door which could be used in conjunction with the business. 

 

ACCOMMODATION:                                                                              

NB: All measurements shown are believed to be accurate but must be regarded as approximate only.  No appliances or services tested. 

 

Ground Floor

Shop Unit

Frontage                                7.32 sq.m.

Internal Width                      7.32 m. narrowing to 5.70 m.

Maximum Depth 8.6 m.

Sales Area                             46.10 sq.m. (496 sq.ft.)

Fully equipped model business shop with display shelves,
racking and counter. 

 

Inner Hallway

Storeroom                             5.25 sq.m. (56 sq.ft.)

Cloakroom

Access to Outside

 

Outside

Garage

 

BUSINESS:

Our Client supplies a large range of remote radio controlled models from helicopters to boats. 

There is also a wide choice of trains, railway lines and accessories.

There are a large selection of plastic model kits and the business stocks all the leading brands. 

The business also deals the marketing of modelling accessories including paint, brushes, glue, tools and air brushes.  In addition to a wide selection of stock our Client offers repair services for all forms of remote control products. The business was established in 1986 and is one of only 3 model shops in East Kent. 

The business is well established with an excellent reputation with a good catchment area. 

Our Client has indicated that there is further potential for the business including additional internet sales. 

 

LEASE:

The current rent at the property is £9,000 per annum.

 

PREMIUM:

£35,000 for the goodwill, fixtures and fittings plus stock at valuation. 

 

LEGAL COSTS:

Each party would be responsible for their own legal costs in the transaction. 

 

VIEWING:

For viewing arrangements please contact:

Kylie Boers on 01843 851000 kylie.boers@pearsongore.co.uk 

or Stuart Jerden on 01843 851000 stuart.jerden@pearsongore.co.uk

 

COPYRIGHT:

All statements contained in these particulars as to this property are made without responsibility on the part of Pearson Gore or the vendors/lessors.  These particulars are the copyright of Pearson Gore and can only be reproduced with written consent from the above office.  We have not tested the equipment, appliances and services in this property.  Interested applicants are advised to commission the appropriate investigations before proceeding. Applicants should satisfy themselves that any necessary permission’s are in place for the use stated. Unless otherwise stated all prices/rents are quoted exclusive of VAT and SDLT.  Any intending purchaser/lessee should satisfy themselves independently as to the incidences of VAT prior to any transaction.    SUBJECT TO CONTRACT    RC1203/08/06/17

 

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