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London Properties Are Pleased To Offer To The Market This Well Established Newsagent & Convenience Store Situated On Putney Bridge Road In South West London for Sale

South London, London

Leasehold : £ 39,950
Turnover : £ 4,000 p.w.

London Properties are pleased to offer to the market this well established newsagent & convenience store situated on Putney Bridge Road in South West London, the business occupies a prominent trading location in a densely populated residential area with Wandsworth Park opposite. Putney Bridge Road is the main road between Putney and Wandsworth and is extremely busy with a high number of vehicles. The business has been established since 2013 and in the ownership of our clients since this time. Currently trading offers newspapers, magazines, wines and spirits, tobacco, groceries, confectionery, top ups, national lottery, cards and a UPS parcel collection and drop off point. Our clients have built up an excellent reputation within the local area and has many loyal repeat customers. There is no direct competition and benefits from high levels of passing trade due to its location.

LOCATION: Located on Putney Bridge Road in South West London, the business occupies a prominent trading location in a densely populated residential area with Wandsworth Park opposite. Putney Bridge Road is the main road between Putney and Wandsworth and is extremely busy with a high number of vehicles. Wandsworth is a district of south London within the London Borough of Wandsworth. It is situated 4.6 miles southwest of Charing Cross. The area is identified in the London Plan as one of 35 major centre in Greater London. There are excellent transport links serving the local area with a number of train stations and tubes stations nearby as well as bus routes. The A3 dual carriageway is approximately 2 miles from the business and links Central London to the M25 Orbital Motorway and surrounding area

DESCRIPTION: The business occupies a lock up premise on Putney Bridge Road with ample parking to the front. Entrance is made into the main retail area with counter to the right with a tobacco kiosk behind.To the left there is a newspaper and magazine display and a refrigerated multi deck and to the centre, there is racking & shelving. To the right there is further shelving and to the rear there are chest freezers and access to the store room. Externally there is a small yard to the rear.

BUSINESS: The business has been established since 2013 and in the ownership of our clients since that time. Currently trading offers newspapers, magazines, wines and spirits, tobacco, groceries, confectionery, top ups, national lottery, cards and a UPS parcel collection and drop off point. Our clients have built up an excellent reputation within the local area and has many loyal repeat customers. There is no direct competition and benefits from high levels of passing trade due to its location.

USES: A1/A2 with alcohol lience

PREMIUM: £39,950 for the benefit of the lease, fixture & fittings

RENTAL: £10,000 per annum

TERMS: We are advised that the business is leasehold with the current lease expiring in 2032
.

BUSINESS RATES: Nil. Interested parties are advised to make their own enquiries to the local authority

SIZE: Approximately 410 sq ft

OPENING HOURS: Monday - Sunday 8:30 a.m - 22:00 p.m

STAFF: Family run

TURNOVER: Current turnover in excess of £208,000 per annum.

ACCOUNTS: Available on request

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Wandsworth

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 74 - C Rating. A copy of this property’s energy performance certificate is available on request.

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


Trading Hours: Monday - Sunday 8:30 a.m - 22:00 p.m
 
Staffing: Family Run
 
Accommodation: None
 
Tenure: Current turnover in excess of £208,000 per annum.
 
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101 Advert ID 48841    Sellers Ref : SW15 2PA/BSOL

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