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Reference G8137

Off Licence in North London For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, N LONDON

Price 15,000

Features

Full Free off Licence Slight Convenience Groceries (we Understand The Business Was Closed In August, 2019)

SINGLE FRONTED MEDIUM SIZED SALES SHOP with counter, electronic cash register, 2 cool display units, shelving etc.

Turnover

THE BUSINESS has recently been closed, however in our opinion offers terrific potential for development in the right hands.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a current rental of 7,500 p.a. exclusive of rates. We further understand that the rent reviews are every 5 years. We are advise the Landlord is prepared, to grant to an approved applicant, a new lease at an initial rental of 10,000 pa, with rent reviews.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS 15,000 subject to contract

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