Commercial Property Details

 
£50,024 pa
Harrow Road, Harrow W6
     
    *Large Supermarket in Maida Vale (Harrow Road)*
    *Refitted and Refurbished*
    *Excellent condition*
    *1500 square feet*
    *Basement and Storage (1000 square feet)*
    *Frontage 42 Feet*
    *Available Now*

    London Golden Key is delighted to present this fantastic huge supermarket situated in a busy parade of businesses, shops and residential properties in Maida Vale (Harrow Road).

    Includes; All furniture, fixtures fittings, to include shelving, electrical equipment, and 3 Cold Stores.

    Lease: Twenty years remaining.

    Rent: £50,000 Per Year.

    Takings: The current clients advise us that since they reopened the shop the weekly takings amount to approximately £15,000, of which the mark up is 40% (£6.000). Extending these over a full year the gross profit should amount to £330,000. The expenses (rent, business rates, wages and sundries)are expected to total around £130,000, meaning that the net pre-tax profit is anticipated to be around £170,000. An interested purchaser will, of course, need to ratify these figures, for which we can not be held responsible.

    Premium: Last clients refurbished and refitted the property when they took over the lease approximately six months ago and are seeking a premium of £195,000 as a contribution towards their costs, for the goodwill, and excludes the stock.

    Stock: The stock is estimated at around £40,000 and will be sold subject to an inventory valuation.

    Please contact on:
    Landline:02074610360
    Mohammad:07982828279

    Regards
    London Golden Key

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    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective tenant.
     
     
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