Description

We are looking for an urgent sale of our grocery and off-licence shop. The shop has the benefit of the flat above and the property is held on a 25-year lease (23 years remaining) with 5-yearly rent reviews. There is no likelyhood of any rent review for the next two reviews as we have spent a lot of money in refurbishing it. The current total rent for the shop and the flat is £10700 per annum and business rates are £1200 per annum. The current takings of the shop are £8000 per week. If the flat above is sub-let the income from it will nearly meet the annual rent. Also there is a potential to increse the takings if fresh fruit and vegetables and flowers are stocked in the shop as well. The property benefits from a back garden which is fully paved and can be used for parking two cars(as shown in the pictures Call on 07877 012 032 for a viewing.

Announcement ID: #124692
Published on 04-16-2008

Contact

North London
London
  • Type of sale:
    A la Compra
  • Estado:
    Excellent

Information