EMPTY SHOP PREMISES

Price:

Leasehold - £25,000

Seller Ref:

M3548

Location:

London, CITY OF LONDON Central London

Business Type:

Commercial Property

See Other:

Industrial units for sale in London
Vacant premises for sale in London
Commercial property for sale in London

Description:

THE BUSINESS:

Nationwide are pleased to offer to the market : Listed Building

ATTRACTIVE SINGLE FRONTED SALES SHOP approximately 330 sq. ft. sales area with woodstrip floor, suspended ceiling.

Rear staircase to first floor comprising 2 storerooms

Currently trading and selling luggage, brief cases and handbags. In our opinion the premises offer terrific potential for a number of trades, subject obviously to the landlord's approval.

We understand the premises are held on a secure renewable lease having 15 yeas unexpired from June, 2007 at a rental of £38,800 p.a. plus VAT, exclusive of rates up to June, 2012, with rent review at that time and thereafter every 5 years. In addition we understand there is a current service charge of approximately £7,200 p.a.

Uniform Business Rates: £18,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

PREMIUM REQUIRED FOR THE SECURE LEASE £25,000 subject to contract

Location Details:

Situated in a prime trading position, CITY OF LONDON.