Accommodation: Comprises a long-established grocery & butchery outlet with a considerable customer base and a good weekly turnover. The shop has the following approximate dimensions:
Shop Internal Width Front 3.60 m
Retail Depth 16.90 m
Retail Area 52 m2 560 sq ft
Store & Walk-In Chiller 33 m2 344 sq ft
Sub Total 84 m2 904 sq ft
Rear Store & Lean-To 26 m2 280 sq ft
Amenities: Long-Established Successful Business
Walk-In Chiller Large Shop with Rear Yard/Storage Busy Location
User/Business The property has been under current ownership as a grocery/butchery for approximately 26 years, and the price will include shop fixtures, fitttings and equipment. An inventory will be provided. Stock at valuation.
Rent: £24,000 p.a.x
Price: £50,000 to include goodwill, fixtures & fittings.
Lease: A new lease will be granted on full repairing and insuring terms for a period to be agreed.
Business Rates: £4,694 payable 2016/2017 Westminster. We believe that this will reduce to zero in 2017 following the Chancellor’s Budget in March 2016
Legal Costs: Each party to pay their own legal costs, but a prospective tenant must give an undertaking to pay the assignor’s costs if they withdraw from negotiations once Solicitors are instructed.
Deposit: The Landlord will require a rental deposit of between 3 & 6 month’s rent dependent upon covenant strength.
References: A charge of £175.00 + VAT is payable for taking up references on behalf of proposed tenants. This fee is non - refundable after the references have been taken up, whether or not they are accepted by the Landlord.
Viewing: Strictly by prior appointment
Situated on this very busy main road, between First Avenue & Bravington Road, in a parade of mixed retail, office and catering units including Fudges Cycles, a pharmacy and a dry cleaners. Nearest Stations are Westbourne Grove and Royal Oak.
A new lease will be granted on full repairing and insuring terms for a period to be agreed. Premium £25,000 Long Leasehold available
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