Retail premises for sale in Chester Road, Watford WD18

Arii Property is delighted to present an opportunity to acquire a busy Food store with accommodation already rented out for a fantastic investment.
The store offers array of products as it would be expected for a traditional store to sell including confectionery, meat and general items of convenience for residences in the area.

This Food store is established, high profit margins, low annual rent, no business rates.
Situated on busy residential landmark with no competition nearby, the business is very profitable from the customer base built over the years. The store has a large prominent shop front with which makes it appealing to passing and local trade.

To consider:

* Very low rent and low overheads to maximise profitability
*Premium- Offers over £140,000 for the benefit of the lease and all fixtures and fittings
* Rent for the premises only £24,000 per annum
* Business turnover- call the office
* Business Rates- we have been advised that there are no business rates payable. Purchasers should enquire with relevant local authorities to confirm the rates payable.
*Lease- New lease will be provided for a potential buyer.
* Current owner happy to offer a handover to ensure the continued success
* Scope to develop and sell wider more range of products to include such as Cigarettes, Tobaccos, Alcohol, freshly baked bread, hot food services and a coffee machine.

Accommodation

* Included in the sale, One x 2 bedroom flat benefiting from separate access to the rear. Currently rented out to working professionals on a tenancy.

Deposit

*Interesting parties will be required to pay a non-refundable deposit to the marketing agent. The deposit will be set off against the agreed purchase price on completion of a sale. In the unlikely event that the vendor withdraws from a sale, deposits will be repaid in full.
However, in the event that a purchaser reneges on the agreed terms and conditions of a sale and purchase, the deposit/s will be forfeited