Property located in King Street, Southall
Details - LOCATION
Southall is a major West London suburb with a resident population of 318,000 situated within the London Borough of Ealing. Southall is 11 miles west of Central London and Heathrow Airport is 7 miles away. London Paddington is just 18 minutes by train and can be accessed by Network Rail.
The Property is situated in a first class retail position on the high street, a short 7 minute walk from Southall Railway Station.
Other occupiers close by include Tesco Express, Gill Chemist, The Gym and many others. There is also a selection of local independent retailers, café and restaurants.DESCRIPTION
The Property forms part of a busy parade of shops on one of the principal town-centre shopping streets and are currently trading as a grocer.
The total area is approximately 875 sqft and constitutes retail and storage space. The Property is permitted to use the pavement at the façade for retail stands.ACCOMMODATION
Ground Floor - 50 sqm / 535 sqft
Basement - 32 sqm / 340 sqftAMENITIES
SUMMARY
• Prime location in Southall
• Bustling commuter town
• Suitable for various businesses (STP)
• Approximately 875 sqft
• Good transport links
• A1 class use
• Crossrail is due in 2019
• Business to be sold as a going concern
• Turnover of approx. £4,000 per weekTERMS
Assignment of Current Lease
Premium of £50,000 payable on completionOUTGOINGS
We are advised the property is assessed for rating purposes as follows:
Rateable Value £13,500
Rates Payable £ 6,500 pa
To be confirmedLEGAL COSTS
Each party to bear their own legal costsVIEWING
Interested parties are invited to contact the vendors sole agents, Monarch Commercial, to arrange a viewing.