First Gear Convenience Store, 79 Atlantic Road, Brixton, SW9 8PU
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Central London location
- Advised weekly sales c. £8,000
- Split level property with good storage
- 99 year lease granted 25/03/2001
- Rent of £250 per annum
- Use class E with potential for an array of businesses - Energy Rating: D
- Christie & Co Ref: 2411693
Description
We are offering a virtual freehold unit located in the heart of Brixton, central London just a short distance from Brixton train station and underground.
The unit is a split level virtual freehold property occupying the ground and lower ground floors, and is being sold with c. 75 years remaining of a 99 year lease granted 25/03/2001
This was previously run as a convenience store with advised weekly sales in the region of £8,000 per week, however the owner has recently taken back the property and is looking to find a suitable buyer.
Brixton offers the perfect blend of urban energy and community charm. This sought-after South London neighbourhood is renowned for its vibrant cultural scene, independent shops, and diverse culinary offerings, all just moments from your doorstep. Residents enjoy easy access to Brixton Village, the iconic Ritzy Cinema, and the bustling Electric Avenue, while excellent transport links via Brixton Underground and Overground stations make commuting into Central London effortless. With a strong sense of local identity and ongoing regeneration, Brixton continues to attract professionals, creatives, and families alike.
Internal DetailsThe property is split over two levels, with the ground floor being all retail space and an entrance to the rear for deliveries, and the lower ground floor being storage rooms, an office and a WC.
The shop totals over 900 sqft of internal space.
We are advised that all fixtures and fittings are owned outright and will be included in the sale, with a full list to be provided to successful bidders.
The OpportunityThis is an opportunity for an operator to take on a long leasehold property in the heart of Brixton with a low passing rent of only £250 per year and a c. 75 year long lease remaining from the original 99 year lease granted 25/03/2001
The property has potential for an experienced operator to continue running the shop as a convenience store or to change the business to suit their plans, given the vibrant location there are an array of businesses that would take advantage of the location.
We are advised there are no members of staff to transfer with the business.
Trading InformationDue to the owner recently taking back the shop from a family that was operating the business, we don't have any accounts or financial information to share currently.
Trading HoursMonday to Saturday - 7:00am to 22:30pm
Sunday - 8:00am to 22:00pm
Virtual Freehold - 99 year lease granted 25/03/2001
Brochures
First Gear Convenience Store, 79 Atlantic Road, Brixton, SW9 8PU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Brixton Station0.1 miles
- Brixton Underground Station0.2 miles
- Loughborough Junction Station0.5 miles
Notes
Disclaimer - Property reference 2411693-lh. 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 Christie & Co, Retail. 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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