Albert Road, Belvedere, DA17

To Rent - £18,000 pa

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  • MODERN CONVENIENCE STORE TO LET
  • REFITTED 2016 / TRADES UNDER THE PREMIER BANNER
  • FIXTURE & FITTINGS NEGOTIABLE / SALES AREA 1,175sq ft
  • PROMINENT TRADING POSITION / GOOD LEVELS PASSING TRADE
  • VIEWING IS ESSNTIAL

LOCATION:
The subject property enjoys an extremely prominent trading position at the junction of Albert Road and Nuxley Road and therefore benefits from a good level of passing trade.

Within the immediate vicinity there are a number of mainly independent and specialist retailers along with Belvedere Medical Centre, Sainsbury's Local, Lloyds Bank, Paddy Power and a Coral.

There are several bus stops near to the property which provide frequent services to Bexleyheath and Woolwich.

DESCRIPTION:
A modern retail frontage incorporating entrance doors under a signage and which is secured by an electric motored shutter leads in to an open plan sales area of approximately 1,175 square feet with on the right hand side the counter position.

A door to the left-hand side provides access to an inner passageway where there are doors leading to a disabled toilet, a kitchen which combines as a storeroom,116 square feet, plus a door out to the side of the property

The main retail area is finished off with a suspended ceiling with concealed lighting together with non-slip flooring giving the overall impression of a clean modern premises.

We understand that the shop had been in the hands of our client for around 20 years and up until 2017 when he decided to sell the business to another party. Personal circumstances have since seen the lease be forfeited and the premises become available to let again.

We understand that the shop which has been trading under the Premier corporate banner since 2009 underwent an extensive refit in 2016. Custom can be drawn from the local community, passing trade and workers from nearby businesses.

For customers free parking can be found in Albert Road and Nuxley Road plus there is a pay & display car park within 50 yards.

AGENTS COMMENTS:
We feel that this property offers experienced applicants an excellent opportunity to acquire a modern good sized retail premises which has the potential with the correct product mix and agency terminals to generate high levels of sales and profits.

TERMS:
The premises is offered with:
1/ Full vacant possession and at a nil premium.
Or
2/ At a premium of £45,000 to include all fixture and fittings.

TENURE:
The premises is being offered with the benefit by way of a new full repairing & insuring lease for a negotiable term and at commencing of £18,000 per annum, exclusive of rates.
A rental deposit will be required subject to status.

EPC:
The premises has an EPC rating of: C - 63

RATES:
We understand that the rateable value is £15,000 per annum with rates payable of £7,200 per annum. Interested parties are advised to make their own enquiries with the relevant council.

LEGAL FEES:
Each party are to be responsible for their own legal costs

VIEWING ARRANGEMENTS:
No direct approach may be made to the property. For an appointment to view, please contact the agent.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.