London Victoria Properties are delighted to offer to the market this excellent Leasehold Assignment for Sale in prime, high footfall location, as follows:-
Well established, A1 retail shop/B1 warehouse, currently trading as ‘The Great Nile Supermarket’.
Gross Internal Area is approximately: 3157.59 sq ft
Open plan, ground floor area
Staff WC
Rental income received from the subletting of 4 units: £44,200 per annum
Rent payable to landlady is: £44,000 per annum
4 Years Unexpired under the terms of the lease but could be extended to a further 5 years.
Business Rates payable are £12,000 per annum (new businesses may be able to apply for Transitional Relief)
Annual takings are in the region of £365,000 per annum from the Supermarket plus income is derived from subletting out the 4 units within the warehouse i.e. Pizza, Butchers, Sweet factory an Perfumerie equating to an income of £44,200 per annum.
OFFERS FOR INVITED FOR THE LEASEHOLD INTEREST AT: £200,000
To arrange a viewing please contact either Victoria on 07758265681 or Zak on 07771000906
