Withdrawn
Property available on: 29/03/2016
- Close to Kilburn Station
- A1 Usage
- Large Shop Over 1,200 sq.ft.
- Popular Business Established over 40 Years ago
- Large Basement 500 sq.ft.
We are proud to present this large A1 Retail unit measuring over 1,200 sq. ft. A popular established family business of over 40 years situated on Willesden Road offering a vast amount of footfall both night and day with numerous other restaurants, bars and travel facilities all available within easy walking distance. The nearest underground and railway stations are Brondesbury and Kilburn Station. Known as The Wine Market this chain of shops has a strong reputation which it has built over the 40 years it has been trading. With many bars and restaurants as their clientele as well as their many loyal customers all over London travelling far and wide to visit this shop due to its diverse variety of products they have to offer.
A spacious A1 licence shop located on Willesden Road a few moments away from Kilburn Station boasts a large shop floor. The premises also boasts a beautiful office overlooking the shop floor. The business has been running for over 40 years and is extremely popular within the area. Currently the shop is doing over £10,000 per week due to its good reputation and due to the heavy footfall on this prime High Street. This is a lease assignment with 8 years remaining it is also an open lease. The current rent for this property is £18,000 per annum and the seller is seeking £120,000 for goodwill.
Accommodation
Shop Floor - 550.16 sq. ft.
Kitchen - 50.29 sq. ft.
Toilet - 18.97 sq. ft.
Ground Floor Sub Total - 619.42 sq. ft.
Basement - 583.61 sq. ft.
TOTAL - 1,203 sq. ft. (approx.)
Tenure
Leasehold/Lease Assignment - £18,000 per annum.
Our Client wishes to assign the lease with 8 years remaining
Premium
Our client seeks a premium of £120,000 for goodwill, fixtures and fittings.
Legal fees
All parties to bear their own legal costs.
Rates
We have been advised that the rates payable is £5,000 per year. However, interested parties are encouraged to make their own enquiries with the local authority.
