The premises are prominently located in a parade in Balham High Street right next Balham Underground Station & situated after Travel Lodge in Balham
The business has been in the same hands for the past 7 years & is now offered for sale due to semi-retirement also there is no restriction on shop opening hours. Basement office is registered as a cab office with 1 store room, 2 rooms and 1 reception. The cab office has its own entrance from the high street.
£50,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.
£28,000 Per annum
New 15-20 years full repairing & insuring lease with rent reviews every 3 years
To be confirmed
Approximately 559 sq ft just the shop not included the basement
Sunday - Thursday 9:00 a.m to midnight & Friday & Saturday 9:00 a.m to 2:00 a.m
Husband & Wife team with 1 staff
Current turnover in excess of £234,000 per annum approximately & £52,000 Oyster per annum approximately
Available on request
LEGAL COST :
To be confirmed
ENERGY PERFORMANCE CERTIFICATE:
Energy Performance Asset Rating is 58- C Rating. A copy of this property’s energy performance certificate is available on request.
Service charge for the building £1,200 per annum
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
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
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
Through London Properties by appointment only.