Retail premises for sale in , Suffolk IP2, Ipswich,, £295,000

295,000.00

Offer Nr.:
66517333
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Everett Masson & Furby
Phone(s):
01603 963504

* Leasehold
**Confidential sale: ** Window & Conservatory Company located in West Suffolk.
Established for over 40 years with a turnover in excess of £500, 000, the
business enjoys limited competition locally. The sale includes the business
assets and the lease of the premises will be assigned to the new owner. This
is an excellent opportunity for an existing business looking for an add - on or
expansion and its strong profit levels indicate a healthy financial standing.
The fully fitted showroom highlights the business's readiness for immediate
operation and is ideally located for Norwich, Ipswich, and Bedford. Contact
emf for further information.
** _additional information_**
**agents note: ** This is a business for sale as a going concern, not an empty
premises for sale or let.
**Confidential sale: ** This listing is confidential at the vendor's request.
In order to release further information on the business – including the
business name, location and the accounts, we require you to complete a short
online non - disclosure form. Please contact our office and we will provide full
instructions and assist where required. We have used Ipswich Train Station's
postcode for this listing to protect the confidentiality of the business name
and location, as online platforms require a valid postcode to market a
business or premises.
**Reference number: ** M34889E.
**Opening hours: ** Usual office opening hours of 9: 00am to 5: 00pm Monday to
Friday. Closed Saturday and Sunday.
**Tenure: ** Leasehold. 10 year lease running from 07/11/2019.
The purchaser will be responsible for any landlords costs and fees in
connection with the lease although none are expected as the lease is held in
the name of the company to be sold.
**Rent payable: ** £20, 190 + VAT per annum. We understand that the next rent
review is due in November 2024.
**Rates payable: ** £7, 859 per annum.
This information has been provided to us by the vendor and any interested
party is advised to enquire of the local authority to check the position with
regards to business rates that will apply to a new owner.
**Staff: ** Three staff at the time of instruction (Manager, Assistant and
Administrator).
**EPC: ** The EPC shows an ‘E’/’102' rating. Full energy performance
certificate available on request - subject to a non - disclosure form being
completed.
**Price: ** £295, 000.
For the benefit of the leasehold, goodwill of the business, fixtures,
fittings, equipment and business assets. Sale to be by the way of a company
share sale on a cash free/debt free basis, with the price being net of any
working capital provision. The lease on the business premises to be assigned
to the buyer. Stock payable in addition on completion at valuation. This is a
business for sale as a going concern.
**Viewing: ** Strictly by appointment only, please get in touch to make an
appointment.
**Finance: ** We may be able to help you with business financing or your
commercial mortgage needs, subject to eligibility. Please let us know if you
need our assistance with this and we will put you in touch with our
recommended whole of market broker.
**Business to sell: ** Thinking of selling your business? That's our business!
If you are interested in finding out how much your business is worth, we offer
a free and confidential valuation service. You can choose the time and day
that suits you best, and we will give you an honest and professional
assessment. Please contact our office at your convenience to book an
appointment.
**Premier marketing: ** We are passionate about showcasing our businesses in a
way that sets us apart from others. We provide quality property details and
comprehensive information on all online platforms and our own website. If you
want your business to stand out from the crowd, call us to book a free
valuation.
** _disclaimer_**
**1\. Money Laundering Regulations: ** Intending purchasers will be asked to
produce identification documentation at a later stage and we would ask for
your co - operation in order that there will be no delay in agreeing the sale.
**2\. General: ** While we endeavour to make our sales particulars fair,
accurate and reliable, they are only a general guide to the property and,
accordingly, 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, especially if you are contemplating travelling some distance to view the
property.
**3\. Measurements: ** These approximate room sizes are only intended as
general guidance. You must verify the dimensions carefully before ordering
carpets, flooring or any built - in furniture.
**4\. Services: ** Please note we have not tested the services or any of the
equipment or appliances in this property, accordingly we strongly advise
prospective buyers to commission their own survey or service reports before
finalising their offer to purchase.

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