Wandsworth Convenience Store & Hot Food Take Away For Sale

Business description

A very well appointed Convenience Store & Off Licence with Confectionery & Tobacco sales, and adjoining Hot Food Take Away business. The retail element is a traditional shop selling Convenience Foods, Confectionery, Tobacco, newspapers & magazines and both soft and alcoholic drinks. The take away offers hot snacks as well as hot and cold drinks.

Property information

Property:

Leasehold

Lease terms:

Leasehold. Granted for 20 years from October 1998, subject to 4 yearly rent reviews.

Leasehold rent:

£22,500 per annum

Location:

Wandsworth is a district of south London, located in the London Borough of Wandsworth. It is situated 4.6 miles (7.4 km) southwest of Charing Cross. The area is identified in the London Plan as one of 35 major centres in Greater London. Wandsworth Common is set back from the river, at the top of East Hill, containing an area known locally as "the Toast Rack" that has some of the most expensive townhouses in London across from Bellevue Road containing several boutiques and the famous restaurant Chez Bruce, formerly Harveys, where chef Gordon Ramsay learned his trade. The area also contains one of Wandsworth's most impressive buildings, the Royal Victoria Patriotic Building, which now contains flats, a theatre school and the "Le Gothique" restaurant. East Hill is an area of Large Victorian houses bordered by the west side of Wandsworth Common. The De Morgan Centre houses a collection of Victorian artwork. Wandsworth High Street is a rather traffic-choked street, picking up much of the traffic from the A3, the High Street is dominated by the recently-regenerated Southside shopping centre, cinema and restaurant complex (formerly, and still and more commonly, referred to as the Arndale Centre). Nearest railway stations are Wandsworth Town, Wandsworth Common, (one stop from Clapham Junction, and 12 minutes train ride from Victoria) and Earlsfield (one stop from Clapham Junction, and 12 minutes train ride from Waterloo Station).

Premises details:

Ground Floor: In approx 800 sq.ft. the vast majority of which is given over to the retail element of the business. This portion comprises the Convenience Store which was the subject of a thorough refurbishment programme when our Client acquired the property in 2008. Laid with a quality tiles to a concreted floor, with s suspended illuminated ceiling and concealed lighting. Numerous cold fridges and freezers as well as shelving display for dry goods. Service counter and display for tobacco and confectionery. Ceiling mounted CCTV pods linked to monitors. Behind this, there is storage space, an Office, walk in coldroom, stainless steel fridge and WC with hand wash basin.

The other element comprises a Hot Food Take Away having its own frontage and entrance, in some 150 sq.ft. with a glazed cold food display and serve over counter, self service hot drinks machine and displays. Behind this, a commercial kitchen with a 6 ring burner and oven with extraction canopy above.

Business Operation

Trading hours:

The Convenience Store is open throughout the week from 6am till 11pm. The Take Away opens at 11am and closes at 10pm.

Employees:

The business is run by 3 full time staff, full details of which can be obtained upon inspection.