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London Properties Are Pleased To Offer To The Market This Newsagent/convenience Store Offers Good Sized Frontage The Mid Terrace Ground Floor Lock-up Retail Unit With Store Room, Kitchenette & Wc And Would Suit A New Or Existing Operator for Sale

North London, London

Leasehold : £ 85,000
Turnover : £ 5,500 p.w.

London Properties are pleased to offer to the market this Newsagent/convenience store offers good sized frontage. The mid terrace ground floor lock-up retail unit with store room, kitchenette & WC 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, open front drinks refrigerators, magazine shelving, confectionary shelving, and greeting cards. The premises are prominently located on a enviable trading position on Bell Lane in Hendon & just round the corner from Hendon School. Internal viewings are highly recommended through London Properties by appointment only.

LOCATION: The premises are prominently located on a enviable trading position on Bell Lane in Hendon & just round the corner from Hendon School.

DESCRIPTION: Newsagents/convenience store offers good sized frontage. The mid terrace ground floor lock-up retail unit with store room, kitchenette & WC and would suit a new or existing operator. The interior of the property offers a high specification design and layout and and benefits from a range of storage shelves, large sales counter with cigarette kiosk, open front drinks refrigerators, magazine shelving, confectionary shelving, and greeting cards

USES: A1/A2

PREMIUM: £85,000 for the benefit of the lease, fixtures & fittings.

RENTAL: £19,950 per annum

TERMS: Existing lease is until November 2019 & the freeholder will issue a new lease.

BUSINESS RATES: We have been advised by the client that the current rates payable are £5,300 per year. However, all interested parties are encouraged to make their own enquiries with Barnet Council

SIZE: Approximately 904 sq ft

OPENING HOURS: Monday till Saturday 6:00 a.m - 7:00 p.m & Sunday 6:00 a.m - 4:00 p.m

STAFF: Family run

TURNOVER: Current turnover in excess of £286,000 per annum. not including Lottery & Bus Pass commission

ACCOUNTS: Available on request

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Barnet

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 74 - C Rating. A copy of this property’s energy performance certificate can be viewed at www.london-properties.co.uk as a pdf file.

REFERENCES 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 till Saturday 6:00 a.m - 7:00 p.m & Sunday 6:00 a.m - 4:00 p.m
 
Staffing: Owner Run
 
Accommodation: None
 
Tenure: Existing lease is until November 2019 & the freeholder will issue a new lease.
 
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96 Advert ID 48909    Sellers Ref : NW4 2AD/BSOL

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