Fully Equipped Amusement Arcade | | Undisclosed London | | Situated in a parade, excellent main road trading position, densely populated residential and commercial area, LONDON, SW | | ADVERT NUMBER : 63254
ADVERT IMPRESSIONS : 8,762 TIME(S) | | | | BUSINESS SECTOR: | Leisure / Recreation | | TRADE TYPE: | Amusements | | SALE: | Agent Sale | LEASEHOLD: | £80000 | | | | | BUSINESS DETAILS: | Features : We understand the premises have A2 use with a Gaming Licence. A purchaser of this business would obviously require an Operators Licence.
SPACIOUS DOUBLE FRONTED SHOP, fully carpeted. Approximately 30 gaming machines.
Location : Situated in a parade, excellent main road trading position, densely populated residential and commercial area, LONDON, SW
Opening Hours : Monday - Saturday inclusive - 9 a.m. - 8 p.m.
NO SUNDAY TRADING
Turnover : WE ARE INFORMED the turnover averages £1,500 p.w. in our opinion offering further potential to increase in the right hands.
Tenure : We understand the entire premises of the ground floor, accommodation and workshop are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of only £18,500 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter. (As will be appreciated with the current rental income, there is a profit rental at the present time of £2,500 p.a.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS £80,000 subject to contract.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : Included in the lease is the SPACIOUS accommodation over, comprising:
5 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Shower room with shower, w.c. and wash hand basin
We understand the accommodation is at present let and provides a rental income of £1,350 per month, however, we are further advised that vacant possesion can be given on completion, if required.
Outside : Also included in the lease is a workshop at rear, currently let and providing a further rental of £400 per month.
Staff : The business is at present staff operated with 1 full time and 1 part time staff employed. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
