Retail premises for sale in Masons Avenue, Moorgate EC2V

Guide price £100,000 (£425.53/sq. ft)
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Retail premises for sale 235 sq. ft*

Property features

  • Established Business
  • Renewable Lease
  • Basement Storage
  • Location of heavy footfall
  • Rent: £15k per annum

Property description

We bring you this retail unit, a popular off-licence/newsagent, in the heart of London, close to Moorgate and Bank Station.

Surrounded by corporate companies from investment banks, insurance companies to international banks and high street banks, this petite store in the heart of the capital sees heavy footfall everyday of the working week.

The current owner has run this shop for approximately 30 years and has built a great relationship with local staff and and businesses. They are only looking to sell for a reasonable offer as they wish to retire.

There is a shared access to the basement where there is ample room for storage and shared toilet facilities.

Asking Price: £100k plus stock (approx. £15k)
Lease: Renewable
Lease Years Remaining: 5 years remaining with a 5 year extension
Business Rates: £4,150 per annum
Rent: £15k per annum (plus £500 service charge)
Turnover: £8k per week

Trading Hours:
Monday to Friday
8:30am - 6:00pm

Viewing Advised.

For more information and viewings please call our office.
Floorplan(s): Floorplan 1

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

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For more information about this property, please contact
Sri Kanth Properties, HA0 on +44 20 8022 8770 * (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 Sri Kanth Properties, and do not constitute property particulars. Please contact Sri Kanth Properties 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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