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Commercial Property for sale

Malden Road, London

Withdrawn from Market £65,000

Property Description

Key features

  • Huge Potential To Expand
  • Tremendous Opportunity To Increase Turnover
  • Close To School
  • Sundays Papers
  • Excellent Transport
  • High Football
  • Densely Populated Residential Area

Full description

OFF LICENCE & GENERAL STORES located in densely populated Kentish Town with very high footfall and passing trade. The store offers off licence, general groceries, newspaper (only SUN/TIMES), paypoint.
The retail unit benefits from excellent transport links such as Kentish town west, Kentish Town tube and train station and further bus route links.Shop Area: The total area for the unit is approx 72 square meters 753.47sqft plus further potential to occupy external area.Fixture and fittings Till Register, Cigarette unit, Retail shelving, 3.5m dairy Chilled deck, 1.5 m Freezer and 1.5 standing chiller, 2.5 M Beer chiller, 1.5m wine Chiller, 1.5m soft drinks unit and a ice cream freezer unit.The store benefits from 6 Cam CCTV systems, Security alarm system with red care, air conditioning and roller shutters

Lease There is 9 year Full repairing commercial lease with right to renew, each party will be responsible for their legal cost.

Opening times the store is currently opening from 6.30am till 11.30pm Mon – Sat and 7.30am – 10.30pm Sundays.We truly believe there is a scope for further expansion of the business in the right hands.

Turnover will be discussed at viewing.
Premium: £70’000.00 + Stock
Rent: £14’000 PerAnnum (Rent review every 4 years)
Rates: £5’500 per Year
Local Authority: London Borough of Camden

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