Property description
10 YEAR LEASE FOR SALE IN THE HEART OF SOUTHALL
There is currently three businesses being conducted in this shop. We have a tenant who is renting the front section of the floor, they are currently running a Travel Agency & Courier company.
The back side of the shop has been recently refurbished to a brand new office and money transfer company and bureau de change.
Shop has had major works done on it and looks very well presented. Most of all its in the heart of Southall (South Road) and has a huge amount of footfall.
The rent is £35,000 per annum at the moment with a rent review in the end of 2015. This shop has the lowest rent in the region at the moment. On the other hand, the tenant who is renting the front is paying £24,000 per annum, so you would have 11k remaining but still hold a great quantity of space included in that will be your kitchen space, meeting area and private office.
It has also got a A1 and A2 Licence which means you can do any retail work. Ideally an Off License would be a great idea but many other businesses are possible to be conducted.
NoticePlease note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Image of dining room
Image of kitchen
Image of kitchen
Property Features :
- 10 year lease
- 75k premium
- Prime Location
- Car Parking Space
- High Turnover
- Fully Fitted
- Approx 1500 sq ft
- Seperate office