Key features
- Located close to the centre of Newport
- Unit runs to approximately 32.9m² (354ft²), and would be offered on a new lease at £55 per week (£2,860 per annum)
- Currently operated from a single-storey unit with the benefit of nearby on-street parking
- Offers are invited "in the region of" £25,000 for the goodwill, fixtures and fittings of the business, along with a new lease as above
LOCATION
Located close to the centre of Newport, with the unit benefitting from on-street parking outside. Newport is the Island's county town and undoubted commercial centre. The immediate population is around 25,000 with a catchment of around 60,000 when operating as the comparison shopping centre for the entire Island population of around 140,000. Continued investment in the town recently ensures its importance as a retail and leisure centre.
DESCRIPTION
Long established dog grooming business for sale due to retirement. The building has an extensive client list, with many regular customers. Further details available following the signing of a Non-Disclosure Agreement.
TERMS
Business for sale, with offers invited "in the region of" £25,000 for the goodwill, fixtures and fittings. Accounts are available to bona fide applicants. Alongside this, a new 5yr lease of the premises will be granted, with an initial rent of £55 per week (£2,860 per annum).
VIEWING
Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Morgan Williams on 01983 301434. E: gchambers@gullyhoward.com or mwilliams@gullyhoward.com
UNIFORM BUSINESS RATE
Rateable Value: £TBC
2023/2024: £0.512p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000
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