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ATTRACTIVE SHOP PREMISES

Price:
Leasehold - £75,000
Seller Ref:
M3376
Location:

London, South London

Business Type:

Commercial Property

See Other:
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Vacant premises for sale in London
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Industrial units for sale in London
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Commercial property for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : At present operated as an Art Gallery, which we understand was established by the present owners approximately 15 years ago.

Please note that the business is not being sold, however, can be operated as a new art gallery or indeed, in view of the excellent main road trading position, in our opinion the premises offer potential for other types of trades, including possibly coffee shop or indeed to be utilized as offices, subject to the necessary planning permission.

Small forecourt area with space for 2 tables and 4 chairs to -

ATTRACTIVE DOUBLE FRONTED PREMISES in the region of 300 sq. ft. with woodstrip floor.

Shower room with shower, w.c. and wash hand basin

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having 6 years unexpired from January, 2012 at a rental of £16,800 p.a. exclusive of rates, fixed for the remainder of the term. (As will be appreciated with the rental income from the Self Contained currently of £15,080 p.a. the net rental payable at the present time is only £1,720 p.a).

Uniform Business Rates: £5,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A VALUABLE LEASE IN RESPECT OF THESE ATTRACTIVE SHOP PREMISES, COMBINED WITH 2 BEDROOM ACCOMMODATION IN THIS EXCELLENT TRADING POSITION

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

OFFERS INVITED FOR THE SECURE LEASE in excess of £75,000 subject to contract.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent trading position, LONDON, SW
Accommodation:
Stairs to BASEMENT providing an ATTRACTIVE SELF CONTAINED FLAT with FULL GAS FIRED CENTRAL HEATING, the flat is at present let on a shorthold tenancy and provides a rental income of £290 per week, however, we understand vacant possession can be given on completion, if required. The accommodation comprises:

2 Bedrooms
Shower room with shower, w.c. and wash hand basin
Living Room
Kitchenette

To the rear of the premises is a covered yard, ideal for storage purposes. In addition large yard at rear providing parking space for 3/4 cars.
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