Parliament Street, Harrogate
730 sq. ft.
The business, for sale at £69,000 plus SAV, has a well established brand and runs a successful website and Amazon shop. In 2016, this profitable business achieved a gross yearly turnover of approximately £400,000 with online sales forming 25% of the business' annual turnover. Buyers of the business would benefit immediately from its loyal, local and non-local customer base, a vibrant, visitor customer base and its growing online database, which currently stands at around 4500 customers. Over the past three years, the business has invested significantly in additional staffing and its new website, mobile application, google advertising and Amazon shop. There is potential to enhance the profitability of the business in the right hands around its growing online division and through staffing changes.
The shop's superb position means it benefits significantly from trade from the adjacent International Conference Centre and from nearby popular major hotels, coffee shops and restaurants. Customers can access the shop easily from nearby car parks.
The premises are held on lease and briefly comprise a beautifully presented ground retail shop, together with an office, kitchen, bathroom, storage areas and an external car parking space. The business has a premises license for the retail of alcohol.
Unless expressly stated all parties will be responsible for their own legal costs in connection with this transaction.
The property itself is available by way of an assignment of the existing lease. This has 5 years to run and the current passing rent is £22,650 Per Annum.
Interested parties are advised to make their own enquiries of the local planning authority in respect of planning proposals if any change of use is envisaged.
From the Cenotaph, head down Parliament Street and towards the bottom of the hill the property can be seen on the right hand side.
Rateable Value: £23,000
Uniform Business Rate for 2017/17 £0.479.
Small business rate relief may be available to some occupiers. Further enquiries should be directed to HBC 01423 500600
Strictly by appointment with the agent Tel: 01423 501211.
All mains services are connected to the property.
All figures quoted are deemed exclusive of VAT where applicable.
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