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Shop for sale

St. Pauls Road, London

220 sq. ft. | £130,000

Property Description

Commercial information

  • 220 sq ft (20 sq m)
  • Use class orders: A1 Shops

Key features

  • Warren Anthony Commercial are delighted to bring to the market this 24 hour retail off licence/grocery shop for sale in Highbury located close the busy Highbury Corner roundabout on St. Pauls Road onl
  • It comprises a successful busy 24 hours trading off licence and grocery shop for sale situated on the main High Street on a parade of shops with good advantage for sales.
  • Use A1.
  • Premium 130,000 subject to contract as a guide price for the benefit of the lease, goodwill, fixtures and fittings.
  • Rental 33,000 per annum exclusive.
  • Lease 24 years approx remaining with 5 yearly rent reviews.
  • Business rates payable 7,000 per annum approx. However, interested parties are recommended to make their own enquiries to the local rating department at the London Borough of Islington.

Full description

Warren Anthony Commercial are delighted to bring to the market this 24 hour retail off licence/grocery shop for sale in Highbury located close the busy Highbury Corner roundabout on St. Pauls Road only a short distance/7 minutes away approx from Highbury Grove School and St. Mary Magdalene Academy about 8 minutes away approx.

It comprises a successful busy 24 hours trading off licence and grocery shop for sale situated on the main High Street on a parade of shops with good advantage for sales.

Use A1.

Premium £130,000 subject to contract as a guide price for the benefit of the lease, goodwill, fixtures and fittings.

Rental £33,000 per annum exclusive.

Lease 24 years approx remaining with 5 yearly rent reviews.

Business rates payable £7,000 per annum approx. However, interested parties are recommended to make their own enquiries to the local rating department at the London Borough of Islington.

Size 220 sq ft approx.

Opening hours 24 hours 7 days a week.

Staff owner managed with 4 staff.

Turnover with we understand a current turnover for the off licence and grocery shop of £8,000 per week approx and for the pay zone £6,000 per week approx with total turnover of £728,000 per annum approx.

Accounts with 3 years accounts available on request.

Legal costs to be confirmed.

Local authority London Borough of Islington.

Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.

A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account.

Any fixtures, fittings, equipment, machinery and plant 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.

Warren Anthony for themselves for the 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 Warren Anthony.

4. All rent, prices, fees and charges are quoted exclusive of VAT.

For more information or appointment to view please contact our Watford office on either 01923 220 012.

Important Notice
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


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