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Commercial property to rent

Main Avenue, Enfield, EN1

£43,000 pcm

Property Description

Letting information:

Furnishing: Furnished

Full description

SINGLE FRONTED SHOP, currently stocks a variety of goods such as: discount products, kitchenware, gifts, hardware, stationary, greeting cards, household products, DIY products, toys, electronics accessories. The premises is equipped with CCTV system. Internally the stores is well fitted to display stock with wall shelving throughout and also benefits from displaying products on the shop front.

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.

INTERNAL DETAILS
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

EXTERNAL
The business also displays products on the front of the property.

STAFF
The business currently trades with 1 full time and 1 part time member of staff

HOURS
The discount store currently trades the following hours:
Monday – 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 £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 £1,200.

Turnover
We have not had sight of the accounts but WE ARE INFORMED by the vendor :

• Turnover averages £1,800 p.w.

PRICE TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION

RECOMMENDED FOR EARLY INSPECTION

To view this property or request more details, contact:

Easy Properties (London) LTD, Wood Green - Lettings

5 Turnpike Parade, Green Lanes, London, N15 3EA

020 3324 6807 Local call rate

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Property reference 5389. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Easy Properties (London) LTD, Wood Green - Lettings.
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