Property description

Ranson UK are pleased to offer this well established double fronted News Agents based in the heart of Tooting. A family run business since 1976. A new full repairing and insuring lease will be granted on flexible terms.The business currently has a good turn over, with tremendous potential to increase weekly take ins. The income can be increase by introducing longer opening hours, a licence to sell liquor and sale of lottery.Furthermore there is potential is to extend the shop floor.

The new FRI lease will include all fittings and fixtures within the commercial property (list available upon request)

Earlsfield station is within a short 7 minute walk, along with numerous buses passing through Garratt Lane.

Accommodation
Ground Floor:
Shop Floor units: Approximately 300 sq ft

Storage areas: 200 sq ft

Lounge: 195 sq ft

Kitchen: 155 sq ft

A ground floor WC

First floor

Accommodation approximately 1000sqft (consisting of three bedrooms and a bathroom)

Total accommodation size: 1850 sq ft

Lease Term/Commencement

Our client wishes to assign a new Full Repairing and Insuring Lease on flexible terms.

Premium:

£15,000.

Rent

£12,000 PA for commercial unit only

£30,000 PA for both first floor and ground floor

Legal Fees/Cost

Each party are to bear their own legal costs.

Viewings

By prior appointment through multi selling agents Ranson UK LTD.

Email: enquiries@ranson.co.uk

Tel: 0207 538 4057

Property Features :

• A1 LICENCE
• HIGH FOOTFALL LOCATION
• OYSTER TOP UP & PAY ZONE
• AN OUTDOOR REAR SPACE
• NEW FRI LEASE