EMPTY SHOP PREMISES with A5 use

Price:

Leasehold - £5,000

Seller Ref:

R2964

Location:

London, South London

Business Type:

Commercial Property, Food Service Businesses

See Other:

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Description:

THE BUSINESS:

Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a CATERING PREMISES until recently we understand traded as an Indian Takeaway & Delivery and we further understand the premises have been utilized as a Café in the past.

DOUBLE FRONTED MEDIUM SIZED PREMISES with electric shutters approx. 16' frontage x a depth of in the region of 26' with brick partition providing kitchen area with stainless steel extractor unit, 4-burner gas cooker, sink and drainer. It will be appreciated upon inspection that the premises would need re- equipping in order to trade.

Small rear stockroom
Staff cloakroom with w.c. and wash hand basin

The landlords, subject to satisfactory references, are prepared to grant a new 16 years full repairing and insuring lease at a rental of £9,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £2,800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

PREMIUM REQUIRED FOR THE NEW LEASE £5,000 subject to contract.

Please note the purchaser is to be responsible for the landlord's solicitors costs.

Location Details:

Situated in a parade, busy road, residential area, LONDON SE