Property Information
Address:
North Parade, North Road, Southall
, UB1 2LF
Price: Property no longer available.
Size: 750 sq ft69 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH358926
Property Ref/Agent: North Parade, North Road , Southall, UB1 2LF
*Please use the agent ref when calling the agent directly.
Property description
London Properties are pleased to offer to the market this established halal butchers and grocers shop trading for 35 years with upper parts and located on busy residential parade on North Road just of Lady Margaret Road. The parade services a densely populated residential and commercially Vibrant area with an array of independent retailers and traders nearby. Local bus routes serve, Heathrow Airport, Hounslow and Northolt. Good shop space with butchery area and sink, storage cupboards, WC, large meat cooler, down stairs kitchen/diner, and good size yard. The two bedroom upper parts are entered to from the rear of the property and are arranged over two �oors which are currently let producing £300.00 per week (£13,000 pa). Internal Viewings are highly recommended through London Properties by appointment only.
£65,000 Business, Lease, Fixture & Fittings â?? Stock on Valuation
LOCATION
The premises are prominently located on occupying an outstanding trading position in a busy residential parade on North Road just of Lady Margaret Road. The parade services a densely populated residential and commercially vibrant area with an array of independent retailers and traders nearby. Local bus
routes serve, Heathrow Airport, Hounslow and Northolt.
DESCRIPTION
Well positioned commercial Business/shop in North Road in prominent business location and trading as an Ahmadzai Limited â??Ali Meat Shopâ?? with current and previous property have established a busy halal butchers and grocers shop trading for 35 years. Good shop space with butchery area and sink, storage cupboards, WC, large meat cooler, down stairs kitchen/diner, and good size yard. The two bedroom upper parts are entered to from the rear of the property and are arranged over two ï¬?oors which are currently let producing £300.00 per week (£13,000
pa).
BUSINESS
The business has been run by our clients for over 3 years and has been trading as a halal butchers for 35 years. It now requires a new owner to take the business forward by looking and introduce the latest offering suitable for a 21st halal butchers and grocers shop.
USES
Al
PREMIUM
£65,000 for the benefit of the lease, �xtures, �ttings and goodwill.
TERMS
The premises are held on a 15 years with 12 years approximately remaining and are subject to rent reviews every 5 years.
RENTAL
£19,200 per annum
BUSINESS RATES
£4,435 per annum with council allowance discount of £1,775 the total payable is £2,660 approximately. Interested parties are recommended to make their own enquiries with the Rating Department of Ealing Council
SIZE
Approximately 750 sq ft
TURNOVER
Current turnover in excess of £312,000 per annum.
ACCOUNTS
This is a pro�table, running business with accounts available for inspection.
STOCK ON VALUATION
Approximately £7,500
UTILITIES
All main services are connected.
LEGAL COSTS
Each party is to bear their own legal costs Ealing Council
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 accounts
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.
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