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Versatile 3-Floor Lease for Sale Near Edgware Road Station in City of London

City of London, London, ID 166541

Versatile 3-Floor Lease for Sale Near Edgware Road Station in City of London 1
Versatile 3-Floor Lease for Sale Near Edgware Road Station in City of London 1
Asking price:
GBP £250 000
Turnover (per year): £870 000 gbp
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Description

A lease is available for a versatile property on Edgware Road, Westminster, London, located next to a station. This three-floor property is suitable for a variety of businesses, including a beauty centre, supermarket, café, restaurant, or clinic. The annual rent is £67,500, with offers invited. The property currently houses an established convenience store operating since 2007, benefiting from a prime town centre location near the Hikton Hotel and two underground stations, including Paddington Station, which generate a consistent flow of customers. Competition in the area is moderate, providing excellent potential for growth. The business employs five staff members, and the current owner is willing to provide training to ensure a smooth handover. The property comes with planning consent, making it a flexible space for a new venture. No fixtures or fittings are included in the sale price. This leasehold opportunity offers a chance to step into a well-located and adaptable property with significant potential.

Details

Real Estate: Lease
Support from seller: Full transition support from seller
Asking price: 250 000 gbp
Turnover (per year): 870 000 gbp
Rent (per year): 67 500 gbp

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