Business for Sale

 South Norwood, SE25
Asking Price £150,000

Property Information

  • Reference number glenmore_439937222
  • Property Type Retail
  • Furnishing Furnished
  • Tenure Leasehold
  • Sale classification Below Market Value


South Norwood, SE25

Property description

Glenmore is pleased to bring to the market this well located and highly successful business. The business is on a very busy large shopping area with high foot fall.

Asking Price: £150,000

Rent : £15,800per annum

Lease - 6 years

Rent Review - every 4 years

Takings: Advised by Vendor - £13,000 per week exclusive of services ( Lottery, Money Transfer and Utility Charging)

Rates: Advised by Vendor:  Nil

Above shop 3bedrooms flat 

Minimum Area 635 sq ft

Opening hours: 6.00am to 1.00am - seven days a week

Viewings: Strictly by prior appointment with Glenmore Property Services. Please call our office on 020 8904 5040 to discuss your requirements or to arrange a viewing.

Holding deposit: Tenants or prospective purchasers wishing to secure this property will be required to pay a holding deposit to Glenmore Property Services of £5,000. The deposit is non-refundable except if the vendor withdraws, or a clear title cannot be proven. This deposit is held in our client account until completion.

These particulars are prepared for the guidance of prospective purchasers. They are intended to give a fair and overall description of the property and do not constitute the whole or any part of an offer or contract. Any information contained herein (whether in text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact.

Money laundering regulations: To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale.

Tenure  : Leasehold


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