General Store Business For Sale in North West London London

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London Properties Are Pleased To Offer To The Market Large Eastern European Convenienceoff Licence With 4 First Floor Offices & Located On The Busy Market Street

Location:North West London, London

Category:General Store

Asking Price:£150,000

  • Sales revenue : £468,000
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : £30,000
  • London Properties Are Pleased To Offer To The Market Large Eastern European Convenienceoff Licence With 4 First Floor Offices & Located On The Busy Market Street
  • London Properties Are Pleased To Offer To The Market Large Eastern European Convenienceoff Licence With 4 First Floor Offices & Located On The Busy Market Street

Business description

LOCATION:

Located on Market Street Watford Close to the town centre, and a short walk from Intu Watford (Mall) Watford High Street and Watford Junction mainline railway station is within walking distance Junction 5 of the M1 - 3 miles distant

DESCRIPTION:

Off license/convenience store offers good sized frontage. The end of terrace, two storey brick property with a ground floor lock-up retail unit with 4 first floor offices upper parts and would suit a new or existing operator. The interior of the property offers a high specification design and layout and benefits from a range of storage shelves, large sales counter with cigarette kiosk, several large open chiller fridges, several large double chest freezer and CCTV.

USES:

A1/A2

PREMIUM:

£150,000 for the benefit of the lease, fixtures & fittings.

RENTAL:

£23,000 per annum

TERMS:

The premises are held on a secure renewable lease with approximately 9 years unexpired

BUSINESS RATES:

We have been advised by the client that the current rates payable are £11,000 per year. However, all interested parties are encouraged to make their own enquiries with Watford Council

SIZE:

2142 sq ft approximately

OPENING HOURS:

Open 7 days a week 11:00 a.m - 22:00 p.m

STAFF:

Owner managed with three staff

UPPER PARTS:

4 x First floor offices currently rented out with income of £11,000 per annum with 2 still empty & ready to rent.

TURNOVER:

Current turnover in excess of £468,000 per annum.

ACCOUNTS:

Are available on request

LEGAL COST:

To be confirmed

LOCAL AUTHORITY:

Watford

ENERGY PERFORMANCE CERTIFICATE:

Energy Performance Asset Rating is 99 - D Rating. A copy of this property’s energy performance certificate can be viewed at [Web Link Censored] as a pdf file.

REFERENCE CHARGE:

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.

HOLDING DEPOSIT:

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS:

Any fixtures, fittings, equipment, machinery and plants 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 condition

AGENT NOTE:

London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS:

Through London Properties by appointment only

Other Information

  • Real Estate: London Properties 95 High Street Wealdstone Middlesex HA3 5DL 020 8861 4615 ****@****
  • Years Established: 2009
  • Employees: Owner managed with three staff
  • Trading Hours: Open 7 days a week 11:00 a.m - 22:00 p.m
  • Reason For Selling: Other Business
  • Lease Terms: The premises are held on a secure renewable lease with approximately 9 years unexpired
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