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Commercial Property Details

 
£6,400 pa
Ashburton
Let
 
 
FOR SALE at £10,000 - An independent shoe shop business occupying a prime trading position within the heart of the vibrant South Dartmoor town of Ashburton
Situation
North Street is the main shopping thoroughfare within the town of Ashburton and Beau Shoes trades from an eye-catching double-fronted shop front, just a stones throw from the large public town car park.

Ashburton attracts thousands of visitors each year as a gateway to Dartmoor and enjoys excellent communications to the road network via the A38 Devon Expressway and the two regional centres of Exeter and Plymouth.

The town has a resident population of around 4000 and serves numerous outlying villages and rural communities. It is also regularly visited by shoppers from the South Devon town's of Newton Abbot, Totnes and Torquay.
The Business
Beau Shoes was established in 2011 as an independent shoe shop and offers a wide range of ladies and mens footwear, including individual styles not found on the large town high street.

It has been run by the owner assisted by casual staff and the accounts to 31 May 2016 show a turnover of almost £70,000 with a gross profit of around 38%. A website www.beaushoes.co.uk is included in the sale and allows online ordering of shoes. The current hours of business are 10am to 5pm Monday to Saturday. There is scope to increase turnover by introducing additional lines of shoes, longer opening hours and promoting on-line sales.

The current stock is between £20,000 and £25,000 and can be bought at valuation.
The Shop Premises
Shop sales area 17'9'' x 15'2'' overall with excellent double-fronted display window and recessed entrance door. Suspended ceiling with LED spotlights. Telephone point. Extensive wall shelving displays. Glass serving counter with till. Exterior canopy blinds and shop signage. Stock room area with shelving. Staff WC.
Tenure/Rent
The premises are held on what appears to be a renewable lease which expires 30 September 2018 at the current rent of £6400 per annum. The rent is paid monthly in advance.
Rateable Value
Interested parties are advised to check the Valuation Office Agency website for details of a current assessment.
Application/Referencing Fees
A fee of £150 plus VAT will be required on application towards the referencing of interested parties. Referencing forms are available from our offices on request. Please note this fee is non-refundable if you subsequently decide not to proceed with the property.

Map


Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective tenant.