Residenza offers this lease assignment with a premium of £70,000 of a ground floor commercial unit on the busy A205 Wandsworth High Street, SW18. Very close to Southside Shopping Centre. Prime location. Same running business since 1972 (50 Years).
Sales can be increased by at least 40% if in going tenant starts selling Tobacco and Alcohol
Rent: £18,000 per annum
Rates: Exempt To confirm from local authority
Rent Review: Next 2025
Lease: remaining 11 years. Renewable thereafter
Size: 781 sq. ft Approx.
Premium: £70,000 including all fixtures and fittings
Legal Fees: Incoming tenant liable for own and freeholders legal costs
Sales: Approx. £4,200 weekly.
Ground floor commercial unit currently trading as a Afro Asian, Latino and Brazilian convenience store. Trading for over 50 years
To view this property, contact our commercial team via phone or email.
For further information on this property please call 0207 112 8194 or e-mail firstname.lastname@example.org