Prime Road Location Retail Unit Vacant Or Stocked For Sale

Business description

LOCATION: Situated on a main busy road on one of London's busiest locations. Good road, tube and buses transport links. There is free parking available on side streets during off peak hours.

DESCRIPTION: These are well located double glass/aluminum fronted lock-up premises with a high ceiling. There are steel security shutters at the front. The ground floor area is 6.5m wide and 10m in depth. There is tube lighting and carpeted flooring. There is also an office, kitchenette and toilet at the rear. There are stairs which lead down to a large storage room of a similar size.

EQUIPMENT: Fully equipped as a hardware store, including all shelving and fittings. There is a 4 camera CCTV system and monitored burglar alarm.

BUSINESS: This is a lease transfer and not a business sale. There is no A3 licence currently but potential to apply for one.

HOURS: Hours to suit. Currently open 7am-5.00pm Mon-Fri and 7am-3pm Sat.

ACCOMM: There is no residential accommodation.

TENURE: The lease is secure and fully renewable and the rent is currently £13,200 p.a. with reviews every 4 years. 8 year lease remaining.

RATES: Business rates payable are approx £2,400 pa

Property information

Property:

Leasehold

Lease terms:

TENURE: The lease is secure and fully renewable and the rent is currently £13,200 p.a. with reviews every 4 years. 8 year lease remaining.

Leasehold rent:

£13,200 per annum

Business Operation

Competition / Market:

BUSINESS: This is a lease transfer and not a business sale. There is no A3 licence currently but potential to apply for one.

Reasons for selling:

Retirement

Other information

Related documents:

• 
• Compulsory Registration Form to Return Please