Summary - 426, WELL HALL ROAD SE9 6UD
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Established aquatic retail business since 1996
- Achieving annual sales of approximately £175,738 with a Gross Profit of about 57%
- Total floor area of approximately 1,100 sq ft
- Located in a busy high street area with excellent visibility and foot traffic
- Leasehold property until 2029 at a passing rent of £16,500 per annum
- Strong potential for sales and profit increase
**Concerns:**
- Six-year lease remaining may hinder mortgage options due to lender policies
- Standard ceiling height and average-sized retail space might require adjustments for customization
**Summary:**
This profitable aquatic retail business is an excellent opportunity for aspiring entrepreneurs or investors looking to dive into a niche market. Generating impressive sales figures since its establishment in 1996, the shop occupies a prominent location in a bustling high street, ensuring ample foot traffic and visibility. Covering approximately 1,100 sq ft, this space is well-suited for aquatic products and has the potential for various improvements or expansions.
With a lease running until 2029, the current rental price offers an accessible entry point at £16,500 per annum, but be mindful that the limited lease term could complicate financing options. Enjoy peace of mind in a low-crime, affluent area, while benefiting from nearby amenities and highly rated schools, making this a strategic choice for families or young professionals looking to invest amidst vibrant local community life. Act quickly—such promising business opportunities are rare!
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