London Properties are delighted to bring to the market and offered please note in the strictest of confidence this large retail unit with 7 room residential upper part providing an excellent opportunity for a substantial ready-made income.
It is situated occupying a most prominent main road position on this busy parade in North West London within this up market shopping area with many other well known multiple and local traders as well as bars, coffee shops and restaurants close by.
The premises currently host a very busy Post Office, offering all post office services this together with a retail operation to the front, trading in a range of confectionery and convenience goods, household items, gift cards and stationery.
The accommodation it comprises, a large retail area to the front with Post Office counter to rear beyond which lies a large kitchen/staff room, WC and mezzanine office/store room with access to the rear gated courtyard and parking for a number of cars.
Retail area 775 sq ft / 72 sq m approx
Post Office counter 344 sq ft / 32 sq m approx
Kitchen/staff room 312 sq ft / 29 sq m approx
Mezzanine office/store room 134 sq ft / 41 sq m approx
The self contained residential upper part arranged over first and second floors it comprises spacious rooms and ideal for HMO subject to planning.
First floor 2 bedrooms, large lounge and WC
Second floor 3 bedrooms, kitchen and bathroom and WC.
The lease it is offered for sale this together with the existing business, currently operating from the ground floor (confectionery, convenience goods, household items, gift cards and stationery) with a purchaser they can possibly offer other business/services of their choice as the lease it has an open user clause and whilst the existing Post Office business it is not included in the sale it will by introduction of the current operator of Temple Fortune Post Office allow any prospective buyer the opportunity to apply to continue the Post Office business which can produce a very lucrative income.
There is also the possibility of installing an ATM machine which will also potentially provide substantial income with further information it is available upon appointment with the current owner only.
Also please note that the lease it does permit the tenant to sub let the residential upper part on the basis of an Assured Shorthold Tenancy, thus allowing for an additional very substantial income stream.
Lease and rental with details they will be provided but upon appointment only.
Premium with an asking price of £215,000 subject to contract is required for this rare income producing opportunity this to include the goodwill of the existing ground floor retail business and self contained residential upper part.
Business rates with details these will be provided upon appointment only.
Legal costs with details these will be provided upon appointment only.
Energy performance certificate a copy of which this will be made available upon appointment only.
Local authority Barnet Council.
London Properties will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.
A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held with the vendor’s solicitor..
Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the conditions
We at the London Properties Sales Team hope to be in regular contact with you to assist in your search for a suitable property. To keep our records up to date we request that you keep us informed as to the progress of your search so as to avoid any unnecessary inconvenience. Thank you for your assistance in this matter.
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FREE VALUATIONS &
We at London Properties would like to assist you with the sale of your property? Just contact the sales team and we will be pleased to offer you a free valuation and market appraisal, a service that we provide with obligation. Competitive fees are available for both sole and multiple agency instructions. Please contact the sales team on:
020 8861 4615
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Finchley Road, Temple Fortune, London, NW11 0AD