Property description

Approach Road Raynes Park SW20

This is a superb opportunity to buy into a business with a good turnover and rent covered by the residential element plus the ability to live above the premises if required.

The premises also has a 3 double bedroom apartment above, with a living room, kitchen, storage room and a garden.

The nearest station is Rayne`s Park a close walk away

Terms

Rent passing is �16,500 per annum exclusive next review in 5 years.

Lease 7 years to run with an option to renew

Rates �500 per annum

Premium �48,000

The rent payable on the lease is �16,500 a year. Just had a rent renew so this is fixed rent for the next 5 Years.

Total income from the rentals are �18,600 per annum

The salons income is anything from �800 to �1300 weekly.




Notice
All photographs are provided for guidance only.