£49,950
Retail premises for saleNorthdown Road, Cliftonville, Margate, Kent CT9
EPC Rating: D
Leasehold
About this property
Well established, independent diy & decorating business now available!
With over 16 years of industry experience, the current owners opened the store in 2017. The shop offers a comprehensive range of products across all things in decorating, tools, woodcare, household & cleaning, fillers & silicones, electrics & lighting, ironmongery & fastenings, gardening and plumbing, plus Artline Decor high-definition architectural mouldings.
The lease commenced in 2024 at a passing rent of £9,500pa until September 2029.
This is an ideal opportunity for a buyer, who already has knowledge of this industry or for one who is simply a diy enthusiast, who wants to invest and take advantage of the current home updating trend, based in the Kent seaside town of Margate. The vendor is happy to provide a hand-over to the new owner by agreement.
Offers in the region of £79,995 plus stock at valuation for the Lease, Business Goodwill, Stock Control System, Fixtures & Fittings
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
With over 16 years of industry experience, the current owners opened the store in 2017. The shop offers a comprehensive range of products across all things in decorating, tools, woodcare, household & cleaning, fillers & silicones, electrics & lighting, ironmongery & fastenings, gardening and plumbing, plus Artline Decor high-definition architectural mouldings.
The lease commenced in 2024 at a passing rent of £9,500pa until September 2029.
This is an ideal opportunity for a buyer, who already has knowledge of this industry or for one who is simply a diy enthusiast, who wants to invest and take advantage of the current home updating trend, based in the Kent seaside town of Margate. The vendor is happy to provide a hand-over to the new owner by agreement.
Offers in the region of £79,995 plus stock at valuation for the Lease, Business Goodwill, Stock Control System, Fixtures & Fittings
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
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