Wollaton Avenue, Gedling, Nottingham | £299,900


A substantial end of parade commercial corner property, features double fronted ground floor retail premises, sales area, stock rooms to the rear with delivery access. Garages, outside fenced rear garden, staff w.c., kitchen, laundry room with access to living room accommodation above.

A substantial end of parade commercial corner property, extended over the years and features double fronted ground floor retail premises, sales area, stock rooms to the rear with delivery access. Garages, outside fenced rear garden, staff w.c., kitchen, laundry room with access to living room accommodation.

A substantial end of parade commercial corner property, extended over the years and features double fronted ground floor retail premises, sales area, stock rooms to the rear with delivery access. Garages, outside fenced rear garden, staff w.c., kitchen, laundry room with access to living room accommodation above.
Property Information
Freehold

Business Operation

The shop is set within a busy parade with other complimentary businesses, it has a significant amount of passing trade. It is ideally located in close proximity to a church, community centre, a local school and a main bus route. It is also set within a densely populated residential area. It has great scope for improvement.

We are advised the business used to have a average weekly turnover of £12,000 with a gross profit of 25 per cent; news sheet of £600 and lottery of £3,000. The business at present does not trade, however the linked trading shop next door is currently receiving £5,000 per week.

The store received the majority of it's income from sales of general food, off license, newspapers and magazines, confectionery, toiletries, frozen foods, chilled drinks and tobacco.

This is a unique opportunity to purchase within an established and popular area, offering infinite scope for the future.

Reasons for selling - the owner wishes to sell due to a change in personal circumstances, otherwise they would ideally like to continue.

Location
Gedling is a popular suburb of Nottingham, in vicinity of Mapperley, Woodthorpe, and Carlton; is approximately 3 miles from Nottingham City Centre.

Sales areas

The sales are has a range of perimeter shelving, news and magazine racking, confectionery display and off licences sectionals. It has quality tiled flooring throughout, suspended ceiling with air-conditioning, drinks chillers and counter area. We are advised the fixtures and fittings are owned outright, and will be included in the sale.

Tenure details

This freehold premises can be linked with the trading premises next door who has a liquor license, with income of £5,000 per week. When the next door unit became available our client took the unit next door. This trading shop is leased from the City Council should the purchaser require it.

Living Accommodation

The accommodation comprises of a 3 bedroomed flat, large kitchen diner with breakfast bar, large lounge/diner, modernised shower room/sauna, boarded loft areas ideal for storage.

First Floor - Living accommodation with separate entrance comprising:

• Lounge with 2 radiators, dual aspect windows, double glazing with recess lights and power points.
• Kitchen diner with top & bottom hung cupboards, integrated double oven. Large range style gas hob, with extractor over. Fridge freezer, stainless steel sink with double drainer & mixer taps.
• Bathroom/Shower room, large walk in fully tiled shower/steam room. w.c, wash hand basin with mirror and shaver over unit.
• Bedroom 1 - Walk-in wardrobe, double glazed window, radiator.
• Bedroom 2 - Laminated floor, radiator, wardrobe, double glazed window and power point.
• Bedroom 3 - Dual aspect window, double glazing, radiator power points.

ACCESS STRICTLY THROUGH THE AGENT


IMPORTANT INFORMATION FOR THE PURCHASER
While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property. If there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you. Measurements are approximate room sizes and are only intended as a general guidance. You must verify the dimensions carefully before ordering carpets or any built in furniture. We have not tested the services or any of the equipment or appliances in the property, we strongly advise prospective buyers to commission their own survey or service reports and costs before finalising their offer to purchase. MPS Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.