£155,000
Property for saleLondon N22
Leasehold
About this property
- Exceptional Commercial Opportunity in Turnpike Lane – Your Next Venture Awaits!
Seize the opportunity to own a fantastic commercial space located at 9A Westbury Avenue, Turnpike Lane, London, N22 6BS. This vibrant area is thriving with foot traffic and business potential, making it a perfect choice for your next business venture.
Key Features:
Attractive Price Point: Available for just £155,000 (negotiable), this property offers excellent value for an aspiring entrepreneur looking to invest in a lucrative market.
Leasing Advantages: With 8 years remaining on the open lease, you’ll enjoy long-term security and flexibility. This type of lease not only provides stability but also allows you to make modifications as needed for your business.
Versatile Space: Spanning approximately 600 sqft, the property is well-suited for various business types, particularly in the food and beverage sector given its A3 and A5 licenses. You can operate until 3 am, catering to late-night customers-a significant advantage in this busy area.
Favorable Rent Structure: The current annual rent is £27,500, with a rent review every five years. The manageable costs combined with the potential for growth make this an exciting opportunity. Additionally, the relatively low annual rates of £1,902 contribute to a favorable operating budget.
Cultural Hub: The property is surrounded by a thriving community, including around 5 mosques nearby, ensuring a steady stream of potential customers from diverse demographics. Tapping into this customer base can significantly boost your business.
VAT Registered: Being VAT registered provides you with an advantage in billing and expenses, making financial management straightforward.
This property is available for a quick sale, offering you the chance to get started on your entrepreneurial journey without delay. The competitive pricing and securing a footprint in a high-demand area makes this a unique opportunity.
Act Now!
Opportunities like this do not last long in the dynamic London market. Whether you're looking to expand your business portfolio or start a new venture, this property is positioned perfectly for success.
Contact us today to schedule a viewing or to ask any questions! Don’t miss out on securing your future with this prime commercial space in Turnpike Lane!
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Monthly repayment
£775 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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