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£4,167 pcm | £50,000 pa

Property to rent

Princess Parade, Crofton Road, BR6

£4,167 pcm | £50,000 pa

Property to rent

Princess Parade, Crofton Road, BR6



Letting details

Property description

Ashton Reeves would like to offer this mid-terrace double fronted lock-up shop unit with open retail area, plus store room and kitchenette with cloakroom/WC to the rear. The retail area has the benefit of a modern glass front and suspended ceiling.

Location: The premises are located on the A232 Crofton Road at the centre of Locksbottom Village, a short distance from the busy A21 Farnborough Common Junction providing trunk road access to junction 4 of the M25 motorway. To the rear of the property is the Princess Royal Hospital complex and an extensive Sainsbury's Superstore with car park.

The unit forms part of a well-established parade with surrounding occupiers including Lidl, Costa Coffee plus a number of independent retailers.

Accommodation : Total sales area approx. 1600 sq.ft
Kitchenette 7'3 x 4'10

Sales : Weekly Turnover £25,000
Core Sales £18,000 to £20,000
Commission sales including Lotto/pp - £5,000

Profit Margin average round 25% to 30%

Licensed sales 7 days a week - 7am to 11pm

Ex-corporate convenience store taken on y established local retailer.

13 years remainder on current lease (renewable)
Leasehold price £240,000
Rental : £50,000 per annum

Options available for sub-lease or management at negotiable price for goodwill and rent.

Rating Assessment:
Interested parties are strongly advised to check the rates liability with the local authority directly.

Service Charge : £520 plus VAT per quarter



Nearby services within a 3 mile radius

Food stores

Street view is not available at this location

Call 01322 584742


Property reference BEX_001925. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ashton Reeves Estate Agents - Bexley. 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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