Location: The premises are prominently located on a enviable trading position on Hatfields in Waterloo & just round the corner from ef International Language Campus & currently trading as a well established newsagent & convenience store. The subject business is located near Waterloo Station.
Description: Located within the vicinity of one of the uks busiest transport hubs, convenience store offers good sized corner frontage. The end of terrace, three storey brick property with a ground floor lock-up retail unit, 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, one large open chiller fridges, 3 large double chest freezer and CCTV. The property benefits from a large basement used as storage.
Uses : A1/A2
premium: 60,000 for the benefit of the lease, fixture & fittings
rental: 15,000 per annum
terms: New 15 years lease with 5 year rent reviews
business rates: We have been advised that the business rates are 15,000 per annum. Interested parties are advised to make their own enquiries to the local authority
size: Approximately 750 sq ft
opening hours: Monday - Friday 7:00 a.m till 18:00 p.m & Saturday & Sunday Closed
staff: Currently let on management
turnover: Current turnover in excess of 260,000 per annum with the addition of 20,000 commissions received per annum
accounts: Available on request
legal cost: To be confirmed
local authority: Lambeth
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
Property additional info
£60,000 for the benefit of the lease, fixture & fittings