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£23,000
Per annum
SOA
Space

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.

Listed Features

  • Storage
  • Restaurant
  • High Street
  • Gym
  • General Retail
  • Basement
  • Use Class - A1
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Property Marketed By
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Monarch Commercial