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.