Lease for Sale - Streatham - £80,000

DESCRIPTION

Crown Real Estate are proud to present this spacious and well-presented retail shop located on the busy Streatham High Road, benefiting from extremely high footfall and excellent visibility, together with a rear studio featuring a separate entrance.
The shop has been newly decorated to a high standard and is fully equipped with CCTV cameras, LED window display lighting, central air conditioning, electric shutters, and a security alarm system, making it ideal for a variety of retail or service-based businesses.
Internally, the property also benefits from a rear kitchenette, toilet facilities, and a private office located at the back of the premises, offering both convenience and practicality for daily business operations.
An additional benefit of this opportunity is the attached rear studio flat with independent access. The total rent payable for the entire ground floor unit (shop and studio flat combined) is only £1,708.33 per calendar month. With the studio currently generating an income of £1,350 PCM, the effective rent contribution towards the main landlord/freeholder for the shop would be approximately only £358.33 pcm, plus electricity and building insurance contributions.
Rent: £1,708.33 Per Month / £20,500.00 Per Annum
Premium: £80,000.00
Business Rates: tbc
Lease Type: Inside the Landlord & Tenant Act 1954
Lease: 20-year lease (Lease commencement date: 21st August 2024)
Licence Type: E
Shop Size: 620.00 sq ft (57.59 sq m). Approximately
Building Insurance: tbc
Solicitors Fees: tbc
Available Now! Call now for early viewings!
 
Early viewing is highly recommended.

SUMMARY

Crown Real Estate are proud to present this spacious and well-presented retail shop with a studio located on the busy Streatham High Road, benefiting from extremely high footfall and excellent visibility.

Interested in this property?

Crown Real Estate London | Dubai

Monday to Friday:

9.00am to 7.00pm

Saturday:

10.00am to 5.00pm