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Letting & Sales Agency, In North London For Sale

London, UK
Asking Price:
£750,000
Turnover:
£630,000
Net Profit:
Undisclosed

Current annual income from a single shop of approximately £630,000 with 50/50 lettings and sales, current sales pipeline of £150,000. There are 200+ properties under management. Ground Floor lock-up shop with return frontage with prominent window displays. Full team of accredited experienced staff. Retirement sale after many successful years..

Property Information

Property:

Leasehold

Lease Terms:

New Lease to be granted, with terms to be agreed

Leasehold Rent:

£25,000 per annum

Location:

Busy main road location in a residential parade of shops, in this densely populated residential area.

Premises Details:

Ground Floor lock-up shop with return frontage with prominent window displays

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement

Employees:
Fully experienced team of experienced and dedicated staff.
Years established:
25+ Years