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Convenience Store to rent

Malden Road, London, NW5

£14,000 pa| £1,167 pcm

Property Description

Key features

  • Off Licence with huge potential to expand
  • Tremendous opportunity to increase turnover
  • High Footfall: Close to school - Densely populated Residential area

Full description

Tenure: Leasehold

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 system, Security alarm system with red care, air conditioning and roller shutters

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: 65'000.00 + Stock

Rent: 14'000 Per Annum (Rent review every 4 years)

Rates: 5'500 Per Year

Local Authority: London Borough of Camden


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