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London Properties Are Pleased To Offer To The Market This Well Established Halal Butchers Convenience Store Situated On The Very Busy Main London High Street In Tooting Broadway There Is A Busy Parade Of Mixed Operators Both A3 And Retail for Sale

Wimbledon, London


5 bedroom

Leasehold : £ 140,000
Turnover : £ 13,000 p.w.

London Properties are pleased to offer to the market this well established halal butchers convenience store situated on the very busy main London high street in Tooting Broadway. There is a busy parade of mixed operators both A3 and retail. The area is also surrounded by densely populated residential properties. The main high street location allows for a generous amount of footfall and passing trade. The road on which the shop is set is just minutes away from the A24, an arterial a-road that runs into Central London. Entering the store there is a service counter to the left with confectionary and snacks, Fruit & Veg to the front. The remainder of the store is mostly stocked to the sides with soft drinks, world foods including herbs and spices, condiments and basic ingredients, additionally snacks along with household items. There is an array of fresh fruit and vegetables. To the rear of the store, elevated by a step, is the butchery counter. Beyond is a store room and a walk in cold room. There is a separate staff WC and rear access. Assets to be included within the sale all of the refrigeration units - 2 large open freestanding fridges, 7 freezers, 1 glass fronted butchery fridge, 2 Electric scales, Video security system, Store shutters. Internal viewings are highly recommended through London Properties by appointment only.



LOCATION: The premises are prominently located on popular parade on Mitcham Road in the heart of Tooting & within walking distance Tooting Broadway Tube Station. There are a large number of national retailers represented in the locality; some of these are Sainsbury’s, Primark, Morleys, Foxtons, Carphone Warehouse and a number of High Street Banks. Tooting provides a vibrant mix of retail units, bars, restaurants, coffee shops and bistros. The surrounding area is densely populated and St Georges Hospital is a close proximity.

DESCRIPTION: Entering the store there is a service counter to the left with confectionary and snacks, Fruit & Veg to the front. The remainder of the store is mostly stocked to the sides with soft drinks, world foods including herbs and spices, condiments and basic ingredients, additionally snacks along with household items. There is an array of fresh fruit and vegetables. To the rear of the store, elevated by a step, is the butchery counter. Beyond is a store room and a walk in cold room. There is a separate staff WC and rear access. Assets to be included within the sale all of the refrigeration units - 2 large open freestanding fridges, 7 freezers, 1 glass fronted butchery fridge, 2 Electric scales, Video security system, Store shutters


USES: A1/A2

PREMIUM: £140,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: £51,996 per annum

TERMS: 9 years remaining

BUSINESS RATES: £14,484 per annum. However, all interested parties are encouraged to make their own enquiries with London Borough of Wandsworth

SIZE : Approximately 1005 sq ft

OPENING HOURS: 7 Days a week 08:00 a.m 20:00 p.m

STAFF: Owner managed with 3 staff

UPPER PARTS: Four bedroom upper parts rented out as 5 room & achieve £3,100 per week rental income

TURNOVER: Current turnover in excess of £676,000 per annum approximately

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Wandsworth

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 65- C Rating. A copy of this property’s energy performance certificate is available on request

REREFENCE 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: 7 Days a week 08:00 a.m 20:00 p.m
 
Staffing: Owner managed with 3 staff
 
Accommodation: Four bedroom upper parts rented out as 5 room & achieve £3,100 per week rental income
 
Tenure: 9 years remaining
 
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42 Advert ID 49145    Sellers Ref : SW17 9PD/BSOL

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