Newsagents & Confectionery Shop To let

Streatham, Streatham High Road, SW16 1HS

£60,000Per Annum

A rear opportunity to acquire the Leasehold interest of a well established Newsagents and Confectionery business offered to the market for the very first time in 34 years.The business benefits from additional turnover from axillary sources of income form National Lottery, Pay Point, Oyster Ticket Services, Money Transfer and a running Off-licence.
 
The premises are located in the heart of Streatham and offer a retail area of 73 Sq M and a basement storage area of 62 Sq M.The premises benefits form a modern side frontage and occupy a prime retail location which is situated in close proximity of major retail outlets and supermarket such as Bartek, Argos, William Hill, Boots, Holland & Barrett and Boots. An adjoining and separate shop premises in Prentis Road offering a further retail area of 72 Sq M to facilitate further expansion and growth of the main business is available for those looking to go into this exiting venture.
 
The entire premises including the vacant adjoining shop premises in Prentis Road, are available on a new (FRI) Lease at rent of £60.000 p.a (exclusive) with a premium of £150.000 for the business goodwill and existing shop fixtures.
 
Viewing strictly through the Vendor's agents United Estates Ltd.

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LOCATION

    United Estates
    67 Streatham High Road
    Streatham, London SW16 1PH
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We are committed to providing a professional, independent and customized service to all our clients, the first timer or the more experienced property investor. Our portfolio of services embraces the sale, purchase, letting and management of residential/commercial properties across a wide area. We are proud of our reputation and expertise - painstakingly built nearly three decades of presence in this sector. With a buoyant property market in Streatham and the peripheral areas, these are exciting times especially as demand continues to outpace the supply of housing stock.