Summary - 20, STATION ROAD HA1 2SL
1 bed 1 bath Shop
**Key Features:**
- Prime high street location
- Large commercial space (3,229 sq ft)
- Newly renovated and well-equipped retail store
- Weekly sales between £7,000 - £8,000
- Off-street parking for customers and owner (2 spaces)
- Long-established business (over 15 years)
- New lease available, but caution with mortgage lending due to 12 years remaining on the lease
- Offers payzone services and potential for additional income streams
- Chain-free sale due to retirement
This impressive leasehold commercial space presents a unique investment opportunity in a bustling urban area, perfect for entrepreneurs looking to step into an established business with a solid customer base. The store, newly renovated and stocked with a variety of goods, boasts excellent weekly sales figures and convenient high street visibility, making it highly attractive for foot traffic. Given the vibrant local demographic of young families and students, the potential for expanding services—such as introducing a post office—could significantly boost income.
While the property is chain-free and offers the flexibility of a new lease, it’s important to note the remaining 12 years on the lease may pose challenges with mortgage lenders. Despite the high crime rate in the area and the local socio-economic conditions, the fast broadband and excellent mobile signal enhance business operations. With significant renovation potential and a prime location, investors and first-time buyers can envision transforming this space into a thriving enterprise that capitalizes on its unique qualities and high demand. Don’t miss the chance to own a piece of this dynamic market!
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