Ashton Reeves would like to offer this mid-terrace double fronted lock-up shop unit with open retail area, plus store room and kitchenette with cloakroom/WC to the rear. The retail area has the benefit of a modern glass front and suspended ceiling.

Location: The premises are located on the A232 Crofton Road at the centre of Locksbottom Village, a short distance from the busy A21 Farnborough Common Junction providing trunk road access to junction 4 of the M25 motorway. To the rear of the property is the Princess Royal Hospital complex and an extensive Sainsbury's Superstore with car park.

The unit forms part of a well-established parade with surrounding occupiers including Lidl, Costa Coffee plus a number of independent retailers.

Location
 The premises are located on the A232 Crofton Road at the centre of Locksbottom Village, a short distance from the busy A21 Farnborough Common Junction providing trunk road access to junction 4 of the M25 motorway. To the rear of the property is the Princess Royal Hospital complex and an extensive Sainsbury's Superstore with car park.

  
Description
 Comprises mid-terrace double fronted lock-up shop unit with open retail area, plus store room and kitchenette with cloakroom/WC to the rear. The retail area has the benefit of a modern glass front and suspended ceiling.

  
Accommodation
 Total sales area approx. 1600 sq.ft Kitchenette 7'3 x 4'10

  
Sales
 Weekly Turnover £25,000 Core Sales £18,000 to £20,000 Commission sales including Lotto/pp - £5,000 Profit Margin average round 25% to 30% Licensed sales 7 days a week - 7am to 11pm Ex-corporate convenience store taken on y established local retailer. 13 years remainder on current lease (renewable) Leasehold price £240,000 Rental : £50,000 per annum Options available for sub-lease or management at negotiable price for goodwill and rent.

  
Rating Assessment
 We understand from the Valuation Office Agency (VOA) website that the rates payable on the premises are £16,525.25. Interested parties are strongly advised to check the actual rates liability with the local authority directly.

  
Service Charge
 £520 plus VAT per quarter

  
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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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