MODERN (built 1960's) VIRTUALLY FREEHOLD (Long Leasehold property approx. 1
Price:
Freehold - £425,000
Leasehold - £425,000
Location:
London, CITY OF LONDON Central London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : IMPRESSIVE & SPACIOUS SALES SHOP in the region of 1,300 sq. ft. sales area with quality tiled floor, suspended ceiling with concealed lighting. Well equipped including counter, 2 electronic cash registers, cigarette gantry (on loan), modern adjustable shelving, 2 centre display gondolas, 3-tier ice cream deep freeze, 1-2.5m open cool display unit (ideal for wines and beers), 1 approx. 5m open cool display unit, (used for soft drinks, juices plus partly used for dairy produce and milk), 2 upright double door glass fronted display deep freezes, 1 large glass topped chest deep freeze, magazine display shelving etc.
Small staff kitchette
Small stock area
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover currently averages £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands and especially with the introduction of additional stock.
As stated we understand the property is long leasehold and we are advised having approximately 122 years unexpired at a ground rent of £250 p.a. fixed, not rent revisions.
Uniform Business Rates we are advised £9,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
OFFERS INVITED TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £425,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Excellent main road trading position, densely populated residential area, easy walking distance to Underground Station, CITY OF LONDON
6.30 a.m. - 11 p.m. seven days per week
|
|
Business Services that may be of Interest:
|
|
|