Convenience Store for sale

Culvert Road, London, SW11

Leasehold 1,829 sq. ft. | £45,000

Property Description

Commercial information

  • Business for sale
  • 1,829 sq ft (169 sq m)
  • Use class orders: A1 Shops and A2 Financial and Professional Services

Key features

  • Premium 45.000
  • A1 & A2 Uses
  • 1 Year Rental 5,000, 2 Year Rental 11,000, 3 Year Rental 12,000 & 4 Year Rental 12,500
  • 10 years lease with 9 years remaining.
  • Low business rates 152 per month
  • Approximately 1829 sq ft

Full description

Tenure: Leasehold

LOCATION: Located in Battersea, the business occupies a double fronted premise in Culvert Road and sits in the heart of a densely populated residential area. Battersea is a largely residential inner-city district of south London in the London Borough of Wandsworth. It has Battersea Park, one of southwest London's main parks and is on the south side of the River Thames, 2.9 miles south west of Charing Cross.

DESCRIPTION: The business occupies a prominent trading position in Culvert Road with free parking to the front. Entrance is made into the retail area with a seating area to the left and a counter to the side with a glass display cabinet offering fresh produce. There is a multi deck to the left and racking to the centre. To the rear of this there is a large fruit and veg display and an archway leading through a further retail area with a large glass butchery counter with walk in chiller to the side, glass upright display freezers and further racking and shelving to the front. There is a small store room and cloakroom to the rear of the retail area and the shop has CCTV throughout and remote control shutters to the front.

BUSINESS: The business offers fresh Halal meat, fresh fruit and veg, groceries, bread, frozen goods and confectionery and also benefits from having a cafe which offers hot drinks, panini's, wraps and hot food. Our clients have completely refurbished the shop investing in excess of 85,000 in fixtures and fittings and this has been done to a very high standard. There is potential to increase turnover with the introduction of newspapers and magazines as well as applying for an alcohol licence and extending the opening hours.

PREMIUM: 45,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: 1 Year Rental 5,000, 2 Year Rental 11,000, 3 Year Rental 12,000 & 4 Year Rental 12,500

LEASE: 10 years with 9 years remaining.

BUSINESS RATES: Low business rates 152 per month

SIZE: Approximately 1829 sq ft

TURNOVER: Approximately turnover is 5,950 per week

LEGAL COSTS: Each party is to bear their own legal cost.

LOCAL AUTHORITY: Wandsworth

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 56- C Rating. A copy of this property's energy performance certificate is available on request.

REFERENCE 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


Nearest stations

  • Queenstown Road (Battersea) (0.6 mi)
  • Clapham Junction (0.7 mi)
  • Battersea Park (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

London Properties, Middlesex

95 High Street, Wealdstone, Harrow, HA3 5DL

020 3858 2394 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Queenstown Road (Battersea) (0.6 mi)
  • Clapham Junction (0.7 mi)
  • Battersea Park (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

London Properties, Middlesex

95 High Street, Wealdstone, Harrow, HA3 5DL

020 3858 2394 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference CulvertRd. 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 London Properties, Middlesex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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