UK Businesses For Sale with Business Sales Online

Buy a UK Business for Sale Businesses for Sale
Businesses for Sale Sell My Business Help & Support My Account
Wanted Ads | Agriculture | Care | Catering | Property | Leisure | Manufacturing | Miscellaneous | Motor | Retail | Service | Website | Register  
You are here > Home > All Businesses > Butchers > London > Butchers > Fisheries > Retails > Fruit & Veg > South London > Advert Listing
Keyword Search

                           



 
Back to Business Sales Results

London Properties Are Pleased To Offer To The Market This A1 Shop Unit Currently Trading As A Butchers With An Open Metal Shutter Frontage for Sale

South London, London

Leasehold : £ 100,000
Turnover : £ 11,000 p.w.

London Properties are pleased to offer to the market this A1 shop unit currently trading as a butchers with an open metal shutter frontage. Located less than 200m from Brixton Station, the property is situated in a prime location on the vibrant and busy shopping parade of Electric Avenue. Electric Avenue has undergone significant regeneration over the past few years with a number of high end residential developments being completed there As a result, Electric Avenue's retail provision starting to improve, and now sits in close proximity to various bars and restaurants. Internal viewings are highly recommended through London Properties by appointment only.

LOCATION: Located less than 200m from Brixton Station, the property is situated in a prime location on the vibrant and busy shopping parade of Electric Avenue. Electric Avenue has undergone significant regeneration over the past few years with a number of high end residential developments being completed there As a result, Electric Avenue’s retail provision starting to improve, and now sits in close proximity to various bars and restaurants. The unit also benefits from clear visibility from both ends of Electric Avenue.

DESCRIPTION: The property comprises a retail shop (A1) arranged over ground and basement floors. The unit currently operates as a butcher with an open metal shutter frontage and the landlord is potentially willing to strip the unit to shell and core condition, remove the existing tenant’s fitting’s.

USES: A1

PREMIUM: £100,000 for the benefit of the lease, fixtures & fittings.

RENTAL : £39,000 per annum exclusive with an upcoming rent review in January 2021

TERMS: The property is available by way of an assignment of an existing lease expiring January 2026

BUSINESS RATES: £7,700 per annum approximately. Interested parties are recommended to make their own enquiries with the Rating Department of Lambeth Council

SIZE: 758 sq ft

OPENING HOURS: 7 days from 6:00 a.m to 8:00 p.m

STAFF: Owner managed with 3 staff

TURNOVER: Current turnover in excess of £572,000 per annum

LEGAL COST: Each party to bear their own legal costs as well as the ingoing tenant to bear landlords legal costs

LOCAL AUTHORITY: Lambeth


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

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


Trading Hours: 7 days from 6:00 a.m to 8:00 p.m
 
Staffing: Owner managed with 3 staff
 
Tenure: The property is available by way of an assignment of an existing lease expiring January 2026
 
 Contact Business Seller
Your Name:
Your Email:
Your Message:

Send me details of similar Businesses

 


 

Other people viewed


London Properties are pleased to offer to the market this well established convenience store. The su for sale in South London Waterloo London


The premises are prominently located on High Stroud Green Road occupying a fantastic trading positio for sale in North London Stroud Green London


London Properties are pleased to offer to the market this established barbers shop located on the we for sale in East London Aldgate London


225 Advert ID 48464    Sellers Ref : SW9 8JP/BSOL

Terms of use Copyright 2001 - 2018 Business Sales Online all right reserved