Vape Shop to rent in Taunton

Taunton, Somerset

£20,000Leasehold + SAV
The TempleEastreash RoadTauntonSomersetTA1 3HNView Map

A great opportunity to acquire a ‘Vape & Head’ retail shop in the busy city of Taunton, Somerset. This successful owner operated business is perfectly located to catch a high pedestrian passing trade and passing vehicle traffic, with free convenient short-term parking outside. The business has a regular and loyal following, and the trade continues to be on the increase. The product range is niche, which includes some of the following: vape kits, pod kits, oils CBD, edible CBD, bongs, grinders, cream whippers, assorted pipes, rolling trays & boxes, scales, baggies, clipper range and more accessories which makes this store so unique. Full training and hand over will be provided to ensure the continued success.

LOCATION

‘The Temple’ shop is located on East Reach Road, Taunton which is an ideal location on the fringe of the high street but benefiting from both high pedestrian and vehicle passing traffic. Immediately outside is free convenient short-term parking and the location of the business is within easy reach of all major arterial road link and mainline railway station nearby.

BUSINESS

The business is owner operated and is only placed on to the open market because the owners are relocating. This shop benefits from very low rental and no business rates which has resulted in high profit margins for the owner. The business only operates from the premises and with deliberately restricted traded hours to suit our client’s lifestyle. We the agents feel that this business could easily expand to online and that the trading hours could be increased z, which would only enhance the already impressive trade and subsequent profit. Actual trading accounts will be made available following a successful formal viewing.

ACCOMMODATION

Large window and part glazed door to

RETAIL AREA 1

4.49m X 3.55m
A lovely space with wall mounted cabinets and central island display. To one side is a bespoke counter with CCTV camera and monitor system, electronic till and pdq machine.

RETAIL AREA 2

2.84m x 2.56m
To the rear is an additional retail area which has been aligned with glass cabinets, upright fridges and is covered by the CCTV camera system.

TOILET/KITCHENETTE

At the rear is a smaller space with a smaller kitchenette area and a toilet and wash hand facility.

OPENING HOURS

Monday: 11am–4:45pm
Tuesday: 10am–4:45pm
Wednesday: 10am–4:45pm
Thursday: 10am–4:45pm
Friday: 10am–4:45pm
Saturday: 10am–4:45pm
Sunday: Closed

TENURE

Leasehold. Whilst there is an option to renew the current lease but no necessary however, the landlord has indicated a new length renewable will be made available. Ingoing tenant to pay Landlord’s reasonably incurred lease assignment / set up costs. Current rental of £4,082 per annum.

FIXTURES & FITTINGS

Trade fixtures, fittings, equipment, land, and buildings except for vendor’s private inventory will be included in this freehold sale. Full inventory will be provided prior to exchange of contracts and all stock will be purchased by the buyer on completion.

SERVICES

Mains electricity, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents, Ware Commercial.

BUSINESS RATES

Please make your own enquiries on the local Valuation Website (VOA) at Valuation Office Agency (the owners enjoy full rates exemption because of small business rates relief

VIEWINGS

All viewings and enquiries to be made through the agents Ware Commercial

Tel: 01803 328880

Email: [email protected]

Website: www.warecommercial.com

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.