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£50,000 pcm | £600,000 pa | 559 sq ft

Retail property (high street) to rent

Station Parade, Balham High Street SW12

£50,000 pcm | £600,000 pa | 559 sq ft

Retail property (high street) to rent

Station Parade, Balham High Street SW12

Description

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Letting details

  • Available now
  • Furnished

Property description

LOCATION:

 

The premises are prominently located in a parade in Balham High Street right next Balham Underground Station & situated after Travel Lodge in Balham


 

 

 

DESCRIPTION:

 

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.

 

 

 

USES:

 

A1/A2

 

 

 

PREMIUM:

 

£50,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

 

 

 

RENTAL:

 

£28,000 Per annum

 

 

 

TERMS:

 

New 15-20 years full repairing & insuring lease with rent reviews every 3 years

 

 

 

BUSNIESS RATES:

 

To be confirmed

 

 

 

SIZE:

 

Approximately 559 sq ft just the shop not included the basement

 

 

 

OPENING HOURS:

 

Sunday - Thursday 9:00 a.m to midnight & Friday & Saturday 9:00 a.m to 2:00 a.m

 

 

 

STAFF:

 

Husband & Wife team with 1 staff

 

 

 

TURNOVER:

 

Current turnover in excess of £234,000 per annum approximately & £52,000 Oyster per annum approximately

 

 

 

ACCOUNTS:

 

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:

 

Service charge for the building £1,200 per annum


 

 

 

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.

Map

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Nearby services within a 3 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 020 8115 1657

DISCLAIMER

Property reference SW12 9AZ. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by London Properties - Wealdstone. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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