FOR SALE
23/01/23
559
Deansbrook_Road_Burntoak / Rightbiz
LOCATION: |
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The premises are prominently located on occupying an outstanding trading position in a busy residential parade on Deansbrook Road Edgware close to many similar businesses all of which complement each other. The unit is easily accessible by a number of bus routes and a short distance from Edgware underground Station. |
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DESCRIPTION: |
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This A1 retail is shop situated on Deansbrook Road and has been renovated to good standard. The property has a ground floor retail area of 20m2 (474 sq ft2) approx. with a WC to the rear and offers the ingoing tenant the opportunity to take over a successful business with the benefit of a new lease. |
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USES: |
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Class E |
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TERMS: |
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New full repairing and insuring lease by arrangement with periodic rent reviews. |
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RENTAL: |
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£14,000 per annum that’s includes business rates and electricity bill. |
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BUSINESS RATES: |
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Included in Rental |
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SIZE: |
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A total square 474 sq ft approximately. |
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LOCAL AUTHORITY: |
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Barnet |
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LEGAL COSTS: |
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Ingoing purchaser to be responsible for both parties’ reasonable legal costs |
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REFERENCE CHARGE: |
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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. |
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HOLDING DEPOSIT: |
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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 |
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VIEWINGS: |
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Through London Properties by appointment only. |
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.