Summary - BUSINESS, 519, NORWOOD ROAD SE27 9DL
1 bed 1 bath Commercial Property
### Key Features:
- **Established Business:** Successfully operating for over 38 years, with a loyal customer base.
- **Commercial Space:** Large retail property of 837 sq. ft. with a prominent Victorian brick facade in a busy street location.
- **Expansion Potential:** Includes an existing website, providing immediate opportunities for online sales.
- **Freehold Tenure:** Property is freehold, adding investment value.
- **Current Lease:** 6 years left on current lease, with a rent of £24,300 per year (note: potential mortgage issues due to lease term).
- **High Traffic Area:** Excellent mobile signal and fast broadband, ideal for modern retail.
### Summary:
Seize the opportunity to own a thriving pet shop in West Norwood, well-established for over 38 years and strategically located in a high-traffic area. This generously sized commercial property, with an appealing Victorian facade, offers a retail space perfect for showcasing a variety of products while benefiting from comprehensive street visibility.
With a current clientele that reflects its longstanding reputation, this business presents an ideal venture for both seasoned operators looking to expand or new entrepreneurs eager to step into a successful trade. The potential for growth is significant, especially with the included website enabling an immediate launch into online retailing.
However, be mindful that the existing lease has just 6 years remaining, which could pose hurdles for mortgage financing. The area is known for its urban amenities, surrounded by schools and various shops, ensuring foot traffic and diverse customer engagement. Don’t miss out on this rare chance to acquire a well-loved local business – properties like this are not available for long!
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