Scroll To Top

London Properties are pleased to the market this Newsagent convenience store has been operated by ov

Harrow, London
Leasehold Price:
£69,950
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
230462
Reference
HA3 8RP / Rightbiz

Details

LOCATION:

 

The premises are prominently located in a parade in a large residential area and situated on Kenton Lane, Kenton, Harrow & also close by are 2 local schools.

 

 

 

DESCRIPTION:

 

Newsagents/conveniences store offers good sized frontage. The mid terrace ground floor lock-up retail unit with store room, kitchenette & WC and would suit a new or existing operator. The interior of the property offers a high specification design and layout and  benefits from a range of storage shelves, large sales counter with cigarette kiosk, open front drinks refrigerators, magazine shelving, confectionary shelving, and greeting cards, CCTV, , kitchenette, WC, rear storage cabin & also benefits from a two bedroom upper parts which is currently rented out for £1100pcm (£13,200 per annum)

 

 

 

BUSINESS:

 

The business has been operated by over client since 1987 although we have been advised that there has  been a post office and newsagent trading from the same spot for many years. The business therefore has a loyal and regular customer base given the location and continual footfall throughout the day.

 

 

 

USES:

 

A1/A2

 

 

 

PREMIUM:

 

£69,950 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

 

 

 

RENTAL:

 

£20,000 per annum & income from the 2 bedroom upper parts is £13,200 per annum.

 

 

 

TERMS:

 

15 years lease remaining & rent review every 5 years

 

 

 

BUSINESS RATES:

 

£4,750 per annum. However, all interested parties are encouraged to make their own enquiries with the local authority’s

 

 

 

SIZE:

 

Approximately 602 sq ft

 

 

 

OPENING HOURS:

 

Monday to Friday: 06:00 to 17:30 Saturday: 06:30 to 16:00 Sunday: 06:30 to 14:00

 

 

 

STAFF:

 

Husband & Wife Team

 

 

 

UPPER PARTS:

 

Two bedroom upper parts which is currently rented out for £1100pcm (£13,200 per annum)

 

 

 

TURNOVER:

 

Current turnover in excess of £338,000 per annum approximately.

 

 

 

ACCOUNTS:

 

Available on request on viewing

 

 

 

LEGAL COST:

 

To be confirmed

 

 

 

LOCAL AUTHORITY:

 

Harrow

 

 

 

ENERGY PERFORMANCE CERTIFICATE:

 

Energy Performance Asset Rating is 81- D Rating. A copy of this property’s energy performance certificate is available on request.

 

 

 

REFERENCE CHARGE:

 

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

 

 

 

HOLDING DEPOSIT:

 

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

 

 

 

FIXTURE & FITTINGS:

 

Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

 

 

 

AGENT NOTE:

 

London Properties for themselves for Lessors, Vendors and their agents, give notice that:- 

 

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 

 

2. These details do not constitute any part of an offer or contract. 

 

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties. 

 

4. All rent prices, fees and charges are quoted exclusive of VAT

 

 

 

 

VIEWINGS:

 

Through London Properties by appointment only.

Seller Details
Telephone: Login to view
Agent Name: Login to view
Advert Reference: Login to view
Listing Details
Leasehold Price: £69,950
Tenure: Leasehold
Location: Harrow, London
Sector: Newsagents, Retail, Convenience Stores
Financials
Annual Turnover: £69,950
Key Features
  • Close to Local Amenities
  • Price Reduced
  • Prime Location
  • With Accommodation
  • Attractive Business
  • Established Business
  • Fully Fitted
  • High Turnover
  • New Lease
  • Accounts Available
Listing Statistics
Impressionsi: Login to view
Enquiriesi: Login to view
Interestedi: Login to view
Watchingi: Login to view
Date Ad Submitted: Login to view
Last Viewedi: Login to view
Last Updatedi: Login to view
Last Enquiry Received: Login to view
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Tip:
Be specific on the type of details you wish to receive from the seller. This, encourages communication with both yourself and the seller and makes the process smoother.
FAQ:
After my message, what's next?
The seller will be notified instantly that you have sent a message. Please note that replies made back are entirely dependable on the seller.
How will I know the seller has replied?
Once the seller has read your message and replied to you. You will be notified immediatley via email. If the seller is using an agency/broker on their behalf, then an agent will be in touch with you either via your contact number or email.

Related Businesses for Sale

Convenience Stores
Convenience Stores
London Properties
Newsagent/Convenience...
Stevenage, Hertfordshire
Convenience Stores
Convenience Stores
Disclaimer
The data showed regarding this advert 'London Properties are pleased to the market this Newsagent convenience store has been operated by ov - HA3 8RP / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.