Lsk london property is proud to offer to the market grocery store news agent lease for sale, description: in a highly sought after location in bayswater and with excellent passing trade. there are lots of offices, plus residentual nearby and the area attracts lots of tourists.
Further details
LSK LONDON PROPERTY IS PROUD TO OFFER TO THE MARKET GROCERY STORE NEWS AGENT LEASE FOR SALE, DESCRIPTION: IN A HIGHLY SOUGHT AFTER LOCATION IN BAYSWATER AND WITH EXCELLENT PASSING TRADE. THERE ARE LOTS OF OFFICES, PLUS RESIDENTUAL NEARBY AND THE AREA ATTRACTS LOTS OF TOURISTS. THIS EXCELLENT PREMISES WAS REFURBISHED AND RE-EQUIPPED BY THE PRESENT OWNER IN OCTOBER 2005 AT A COST OF OVER £40,000 AND IT IS IN FIRST CLASS ORDER. THE FRONTAGE IS APPROX 16'- 6'' WIDE AND THE PREMISES IS ARRANGED ON GROUND FLOOR LEVELS. THE SMARTLY FITTED 800 SQ FT GROUND FLOOR SALES SECTION IS BRIGHT AND ATTRACTIVE AND HAS A FIRST CLASS RANGE OF SHELVING PLUS STOREGE SPACE AT THE BACK OF THE SHOP.
·RENT £27,000RATES £11,500SERVICE CHARGE £4,000
·INTERNET CAFÉ JUST OPENED (10 MACHINES)
·TAKINGS £12,000 PW APROX
·60% REGULAR CUSTOMERS, GOOD PROFIT MARGIN
·LEASE LEFT 5.5 YEARS, (RENEWABLE LEASE) RENT INCREASE HAS REMAINED THE SAME RENT
·OSTER CARD, PAY POINT AND CASH MACHINE (HAS APLLIED FOR LOTTERY MACHINE)
·PRINTING, FAX AND PHOTO COPYING SERVICE.
AN EXCELLENT OPPORTUNITY TO PURCHASE A BUSINESS THAT NEEDS TO BE DEVELOPED BY ENTHUSIASTIC NEW OWNERS. THE BUSINESS OFFERS THE OPPORTUNITY TO EXTEND THE RETAIL SALES, PARTICULARLY THE OFF LICENCE SIDE SIGNIFICANTLY. WE WOULD URGE ANY POTENTIAL PURCHASERS TO ARRANGE AN EARLY VIEWING.CALL US ON 020-8465-0999
THIS IS A BUSY SHOP WITH GOOD TRADE
ASKING PRICE £16O, OOO