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31-32 The Strand 749 SF of Retail Space Available in Bude EX23 8RA
Highlights
- Prominent location on main arterial road through Bude
- Operating as sports shop but with reputation for running shoes with brands including On Cloud and New Balance
- Double fronted shop unit with extensive window display
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 749 SF | Negotiable | $28.53 CAD/SF/YR $2.38 CAD/SF/MO $21,372 CAD/YR $1,781 CAD/MO | Fully Repairing & Insuring |
Ground
Our clients are inviting offers for the Leasehold interest of the property and business with a new lease to be granted upon completion, term to be agreed with the Landlords. The current rent for the property is £11,500 pa. Offers are invited in the region of £49,950 Leasehold to include all trade fixtures, fittings and equipment plus SAV.
- Use Class: E
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Kitchen
- Secure Storage
- Private Restrooms
- Extensive double frontage
- Window display
- Kitchen
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 749 SF | Gross Leasable Area | 749 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 749 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 749 SF |
| Year Built | 1900 |
About the Property
Being a double fronted shop unit of 749 sq.ft (70 sq.m) with parquet flooring, downlighters, assorted racking and shelving, CCTV system and counter servery with EPOS till and stock system. There is also a changing room, kitchenette and toilet. Having been operated by our clients for 31 profitable years the business is for sale due to their pending retirement. HPT Sport Running Man has a large catchment with many runners coming from Clubs as well as individuals. The business currently trades 6 days per week, Mon-Fri 9.30am-5pm and Sat 9am-4pm. Operating as a Run Fitness Specialist supplying brands such as Brooks, New Balance, On Clouds, Saucony, Ronhill, Altra, Hoka and much more. Also suppling Swimwear, Football, Rugby etc. Being part of the Stag Sportswear Purchase Group, it provides the business access to the whole market of sportswear whilst obtaining the Purchase Group’s preferential ‘buying power’. Turnover for the past 3 years has been between £190,000 and £210,000, with an average net profit of £55,000.
- Storage Space
Nearby Major Retailers
Presented by
31-32 The Strand
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