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  • BUSINESS FOR SALE
  • T/A SWAINSTON'S SWEETHEARTS
  • GROUND FLOOR RETAIL UNIT
  • ESTABLISHED RETAIL PARADE
  • FREE PARKING ADJOINING


ACCOMMODATION

The property briefly comprises as follows:

GROUND FLOOR

SALES 36.89 m sq (612 sq ft)

REAR STORE 10.60 m sq (114 sq ft)

KITCHEN AREA 4.10 m sq (44 sq ft)

SMALL STORE/ ACCESS 3.03 m sq (32 sq ft)

W.C.

TENURE:   

The premises are held on a 21 year lease from South Tyneside Council with 2 years unexpired.  The passing rent is £5,300 per annum.

RATEABLE VALUE: 

South Tyneside Council have advised that the rateable value is £6,000 for the year 2017/2018. 

No rates payable by current occupier, small business exempt.

BUSINESS:  

This is a well established and respected business within South Shields which was originally set up in 1894 and has a well known reputation throughout the town. It is evident that the business has further potential, this element can be discussed with the current owner.

SERVICES:   

Mains, electricity, water and drainage.

E.P.C.    

To be determined.

COSTS:  

The proposed lessee will be responsible for the Landlords legal costs and surveyors fees incurred in the Preparation of the assignment and or new lease.  To be confirmed with the Landlord.

VIEWING:   

Strictly by appointment via our South Shields office. Telephone (0191) 4270335.

DISCLAIMER:  

None of the equipment or systems in the property has been tested by the agent and it is the responsibility of the purchaser to ensure that they are in working order.

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