Refurbished Commercial Unit for Sale in City of London - Ideal for Various Businesses, with Flexible Lease and Training
City of London, London
- Status
FOR SALE
- Advert ID
630663
- Leasehold: Offers Invited
- Rent: £12,000 (£1,000 per month)
- Turnover: N/A
- Profit: Not Applicable
Key Features
- Small Business
Business Details
Any kinds of business
This newly refurbished commercial unit, prominently located on the ground floor with street frontage on Portland Road, is available for lease. Ideal for businesses such as a mobile shop, salon, or barbershop, this property offers flexibility with both short and long lease options.
The unit is presented in a white-box condition with capped services and includes WC facilities. There is no need to pay any service charges, and VAT is not applicable, providing further financial advantages.
Conveniently situated near the Norwood Junction Railway Station, the property benefits from excellent accessibility. The lease is available for £12,000 per annum on a Full Repairing and Insuring (FRI) basis.
The business opportunity is new, with no additional fixtures and fittings included in the lease price. While there has not been an increase in turnover, the location offers various nearby amenities such as shops and restaurants, which attract customers.
The surrounding area features some competition, notably from other barbershops, yet presents a favorable setting for launching a business. Although the shop is currently empty, the potential for any kind of business, particularly in the hospitality sector, is substantial.
For those interested in taking over, training opportunities will be provided to ensure a smooth transition. The business currently employs one staff member. This leasehold opportunity in the City of London is available with an asking price on request, including all stock in the price.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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