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Commercial property to rent
Main Avenue, Enfield, EN1
Letting information:Furnishing: Furnished
The premises was established 30 years ago and situated in a prime position on the busy road which is densely populated with residential properties and businesses. The Overground Station is within close proximity to the business. The unit has been fitted and equipped to a very high standard and offers many product lines. The premises is surrounded by many complimentary businesses Take Away Restaurants and Newsagents and is in a heavily populated residential area.
Trading Area 48sq/m approx
Rear storage Area 10sq/m (in the garden) approx
Further stock area with kitchen and WC for 8sq/m approx
Access to rear
The business also displays products on the front of the property.
The business currently trades with 1 full time and 1 part time member of staff
The discount store currently trades the following hours:
Monday â€“ Sunday 08:00 to 19:00
We have been advised the premises is held on a 12 year lease, with an annual rent passing of Â£10,800. Formal rent reviews are conducted every 4 years and last rent review was done in March 2011. We have also been advised that the business rates payable per annum by our client is circa Â£1,200.
We have not had sight of the accounts but WE ARE INFORMED by the vendor :
â€¢ Turnover averages Â£1,800 p.w.
PRICE TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS Â£25,000 plus STOCK AT VALUATION
RECOMMENDED FOR EARLY INSPECTION