- Listing ID: 672555
- (Seller ref: INV2793L)
Profitable Shopping Centre Investment South East Central London For Sale
- Location:
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- UK
- > England
- > South East
- > London
- > Bermondsey
- > SE1
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- Type:
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Summary
- Asking price:
- £349,949 (Furniture / Fixtures and Inventory / Stock included)
- Turnover:
- £144,040
- Net profit:
- £100,000
- Years established:
- 6
- Employees:
- 2 Owners + 1 P/T
Business description
LOCATION: On a very busy roundabout location close to a major shopping centre, bus routes and tube station in zone 1
DESCRIPTION: A retail shopping mall consisting of 13 units of varying sizes let to produce gross income of £144,040 p.a. There is currently huge multi-million pound investment and regeneration being undertaken in the locality which can only improve the future potential of this investment business.
BUSINESS: The shopping mall was established in 2002 after major investment and renovation up to a high standard, including tiled flooring throughout, new wiring, fire alarm system, new wiring and automatic door entrances. Now well established creating excellent reliable investment income. We can arrange financing subject to status.
HOURS: 9am to 9pm Mon-Sat, 12pm to 8pm Sun
ACCOMM: There is no residential accommodation.
TENURE: Lease commenced in Dec 2002 for a term of 16 years and the current rent is £40,000 per annum with reviews every 4 years. Extendable lease and potential to purchase freehold.
RATES: Business rates payable are approx £7,600
Property information
- Property:
- Leasehold
- Lease terms:
- Lease commenced in Dec 2002 for a term of 16 years and the current rent is £40,000 per annum with reviews every 4 years. Extendable lease and potential to purchase freehold.
- Location:
- On a very busy roundabout location close to a major shopping centre, bus routes and tube station in zone 1
Other information
- Expansion potential:
- There is currently huge multi-million pound investment and regeneration being undertaken in the locality which can only improve the future potential of this investment business.
- Support & training:
- Full handover support and training included in asking price.
- Reasons for selling:
- Moving abroad
- Trading hours:
- 9am to 9pm Mon-Sat, 12pm to 8pm Sun
- Financing available:
- 50% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).
- Related documents:
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- > England
- > South East
- > London
- > Bermondsey
- > SE1
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