£150,000
Retail premises for saleKenton Road, Kenton HA3
1 sq. ft
Just added
Business
About this property
Long established business for over 20 years
Currently trading as a shop sign, canopies and awnings business
Additional income of £55,200.00 from the front shop and two x two bedroom flats
All equipment included
Situated on a on a busy parade is well-established business for sale which deals with shop signs, awnings and canopies. This business has been trading successfully for over 20 years and is now for sale due to the owner looking to retire.
An additional benefit is that the premises includes the shop unit at the front, currently occupied by a solicitors firm and two x two bedroom residential flats above. These provide an additional combined rental income of £55,200.00 per annum, on top of this if you chose to rent out the rear area it should achieve around £12,000.00 per annum, making it a great investment.
A premium of £150,000.00 is sought for this long-standing and profitable enterprise. It will include all of the equipment. The lease has two years remaining and is renewable. The current rent is £36,960.00 per annum and an additional annual service charge of around £2500.00 which includes building insurance.
We feel this offers a fantastic investment opportunity to take over an established, loved business and make it your own!
Please call or email for a recommended viewing.
Davidson Gold are members of Client Money Protect, Membership number: CMP004696.
Davidson Gold are members of The Property Ombudsman redress scheme
Whilst every attempt has been made to ensure the accuracy of these measurements and of these details, they are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers are advised not rely on them as statements of representation of fact, and satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm has the authority to make or give any representation or warranty in respect of the property. No responsibility is taken for any error, omission or misstatement.
An additional benefit is that the premises includes the shop unit at the front, currently occupied by a solicitors firm and two x two bedroom residential flats above. These provide an additional combined rental income of £55,200.00 per annum, on top of this if you chose to rent out the rear area it should achieve around £12,000.00 per annum, making it a great investment.
A premium of £150,000.00 is sought for this long-standing and profitable enterprise. It will include all of the equipment. The lease has two years remaining and is renewable. The current rent is £36,960.00 per annum and an additional annual service charge of around £2500.00 which includes building insurance.
We feel this offers a fantastic investment opportunity to take over an established, loved business and make it your own!
Please call or email for a recommended viewing.
Davidson Gold are members of Client Money Protect, Membership number: CMP004696.
Davidson Gold are members of The Property Ombudsman redress scheme
Whilst every attempt has been made to ensure the accuracy of these measurements and of these details, they are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers are advised not rely on them as statements of representation of fact, and satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm has the authority to make or give any representation or warranty in respect of the property. No responsibility is taken for any error, omission or misstatement.
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