£85,000
(£42.50/sq. ft)
Retail premises for saleLondon EC4A
From 2,000 - 2,450 sq. ft
About this property
An excellent opportunity to acquire an established retail business in the heart of Chancery Lane, one of Central London's most desirable commercial locations.
The business occupies a substantial 2,450 sq ft premises arranged over two floors, comprising a ground-floor shop and basement.
Trading for the past 8 months, the business generates average monthly takings of approximately £38,560, with an estimated monthly profit of £6,000. The premises also benefit from an alcohol licence, with alcohol currently being sold as part of the existing operation.
The current owner is looking to sell due to expansion plans and relocation to another area, offering an incoming operator the opportunity to take over an established trading business.
Location
Chancery Lane is a prominent commercial district surrounded by law firms, barristers' chambers, corporate offices, financial services and professional businesses. The area also benefits from numerous cafés, restaurants and independent retailers.
Nearby establishments include The Law Society, Keystone Law, Gaucho, Brasserie Blanc and Cigalon. With Chancery Lane Underground Station nearby and Holborn and Farringdon within easy reach, the premises benefit from excellent transport connections and a strong working population.
Business & lease details
• Premises Size: 2,450 sq ft
• Layout: Ground Floor & Basement
• Trading History: 8 Months
• Monthly Takings: £38,560
• Monthly Profit: £6,000
• Alcohol Licence: Yes – currently selling alcohol
• Opening Hours: 7am – 10pm
• Exam Period Hours: 7am – 12am
• PayPal / Oyster Top-Up / Lottery: No
• Annual Rent: £42,000 Excluding VAT
• Business Rates: £23,500 per annum
• Lease Term: 25 Years
• Renewable: Yes
• Rent Reviews: Every 5 Years
asking price: £85,000
The asking price is exclusive of VAT, stock and tenancy deposit.
An attractive opportunity to acquire a trading retail business with an alcohol licence and substantial accommodation in a prime Central London location.
Viewings highly recommended. For further information or to arrange a viewing, please enquire directly.
The business occupies a substantial 2,450 sq ft premises arranged over two floors, comprising a ground-floor shop and basement.
Trading for the past 8 months, the business generates average monthly takings of approximately £38,560, with an estimated monthly profit of £6,000. The premises also benefit from an alcohol licence, with alcohol currently being sold as part of the existing operation.
The current owner is looking to sell due to expansion plans and relocation to another area, offering an incoming operator the opportunity to take over an established trading business.
Location
Chancery Lane is a prominent commercial district surrounded by law firms, barristers' chambers, corporate offices, financial services and professional businesses. The area also benefits from numerous cafés, restaurants and independent retailers.
Nearby establishments include The Law Society, Keystone Law, Gaucho, Brasserie Blanc and Cigalon. With Chancery Lane Underground Station nearby and Holborn and Farringdon within easy reach, the premises benefit from excellent transport connections and a strong working population.
Business & lease details
• Premises Size: 2,450 sq ft
• Layout: Ground Floor & Basement
• Trading History: 8 Months
• Monthly Takings: £38,560
• Monthly Profit: £6,000
• Alcohol Licence: Yes – currently selling alcohol
• Opening Hours: 7am – 10pm
• Exam Period Hours: 7am – 12am
• PayPal / Oyster Top-Up / Lottery: No
• Annual Rent: £42,000 Excluding VAT
• Business Rates: £23,500 per annum
• Lease Term: 25 Years
• Renewable: Yes
• Rent Reviews: Every 5 Years
asking price: £85,000
The asking price is exclusive of VAT, stock and tenancy deposit.
An attractive opportunity to acquire a trading retail business with an alcohol licence and substantial accommodation in a prime Central London location.
Viewings highly recommended. For further information or to arrange a viewing, please enquire directly.
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