Retail premises for sale in Golders Green Road, London NW11

Fixed price £425,000 (£223.68/sq. ft)
Retail premises for sale 1,900 sq. ft*
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Property description

This large A1 unit occupies a prominent site on the thriving Golders Green Road and benefits from a 24-hour license. Additional accommodation on the first and second floors also offers various conversion possibilities.
The main retail area is currently a grocery and convenience store covering approximately 1900 sq. Ft. The lease extends to 2024, and the rent is £6250 per month (£75,000 p/a). The requested premium is £425,000 but this figure includes stock and goodwill. We have been advised that the turnover is approximately £10,000 to £12,000 per week. Business rates are currently £30,000 p/a approx. The first floor which is accessible from the rear of the ground floor unit consists of approximately 700 sq. Ft. Currently used as office accommodation. To the side of the shop sits another independent staircase which has additional space and could be developed to offices or residential. Designs have been produced for the creation of 4 x 2 bed units, although other proposals could be pursued.

Golders Green is a perennial north London favourite with many long-established local businesses and direct Northern Line connections to the City and the West End.
Golders Green Road itself is a main thoroughfare through the heart of the area, generating round the clock footfall.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Wex & Co, HA9 on +44 20 7768 0737 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Wex & Co, and do not constitute property particulars. Please contact Wex & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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