Property description

We are proud to present this large A1/A3 Retail unit measuring 1,000 sq. ft. A popular established business 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.

This is a fantastic opportunity to purchase a property with both A1 and A3 Usage business. Trading as a successful café this property has a generous shop floor spanning over 600 sq. ft. in total. The property boasts a late opening license as well as having Alcohol Licensing at the property. The business currently hosts 12 events a year catering to many different clienteles.

This property is being offered as a lease assignment with an impressive 16 years remaining. The lease is an open/renewable lease. The rent for this property is £23,000 pa. The seller is seeking a premium of £80,000 for goodwill fixtures and fittings.

Accommodation 

Shop Floor: (47.20 x 11.95)

Toilet/Wash Room: (16.38 x 6.26)

Preparation Room: (16.35 x 6.26)

Kitchen: (15.11 x 11.21)

TOTAL – 994.91 sq. ft. (approx.) 

Tenure 

Open / Renewable Lease - £23,000

Our Client wishes to assign a lease with 16 years remaining.
Premium 

Our client seeks a premium of £80,000 for goodwill fixtures and fittings.

Legal fees 

Incoming tenant to be responsible for their own, outgoing tenant’s and landlord’s legal fees. 

Rates 

Interested parties are encouraged to make their own enquiries with the local authority. Please note that there are various Business Rate Exemptions for small and new businesses with the Local Authority.

Property Features :

• Busy High Road
• High Footfall
• 1,000 sq ft
• A1 and A3 Usage
• Alcohol License