Property description

We are proud to present this large A1 Retail unit measuring over 1,100 sq. ft. A popular established family business of over 40 years situated on Kilburn High Road offering a vast amount of footfall both night and day with numerous other restaurants, bars and travel facilities all available within easy walking distance. The nearest underground and railway stations are Brondesbury and Kilburn Station. Known as The Wine Market this chain of shops has a strong reputation which it has built over the 40 years it has been trading. With many bars and restaurants as their clientele as well as their many loyal customers all over London travelling far and wide to visit this shop due to its diverse variety of products they have to offer.

A spacious A1 licence shop located on Kilburn High Road a few moments away from Kilburn Station offering a large shop floor. The premises also boasts a beautiful office overlooking the shop floor. The business has been running for over 40 years and is extremely popular within the area. Currently the shop is generating over £10,000 per week due to its good reputation and due to the heavy footfall on this prime High Street. The Seller seeks to appoint an open new lease of 10 years. The current rent for this property is £30,000 per annum and the seller is seeking £120,000 for goodwill.

Accommodation

Shop Floor – 824.43 sq. ft.

Kitchen – 95.62 sq. ft.

Toilet – 26.86 sq. ft.

Ground Floor Sub Total – 946.91 sq. ft.

Office – 124.70 sq. ft.

TOTAL – 1,176.64 sq. ft. (approx.)

Tenure

Leasehold/New Lease – £30,000 per annum.

Our client wishes to offer a New Lease with a term of 10 years (renewable lease).

Premium

Our client seeks a premium of £120,000 for goodwill, fixtures and fittings.

Legal fees

All parties to bear their own legal costs.

Rates

We have been advised that the rates payable is £6,000 per year. However, interested parties are encouraged to make their own enquiries with the local authority.

If you would like to arrange a viewing for this property, please call us on 020 7510 0860 or alternatively call our property consultant directly on 074 1586 3800.

Viewings Strictly Through Appointment Only

Property Features :

• A1 Usage
• Large Over 1,000 sq. ft.
• Private Office Overlooking Shop
• Prime Location
• Close to Kilburn Station