High-street shop with flat and strong turnover — short lease requires cash or specialist lending..
Prime high-street position with strong local footfall
Turnover reported at £4,000–£5,000 per week
Six-bedroom flat above generates £36,000 p.a. rental income
Rent £34,800 p.a.; business rates approx. £2,100 p.a. (buyer to check)
Alcohol licence to midnight expands trading potential
Only 3 years remaining on lease — lenders may refuse mortgages
Likely cash purchase or specialist lending required for buyers
Lease described as renewable, renewal terms not provided
This ground-floor shop in Acton sits on a busy high-street location with a long trading day and services that boost footfall.
The business currently reports £4,000–£5,000 weekly turnover, with additional rental income of £36,000 per annum from a six-bedroom flat above, creating multiple income streams for a purchaser.
Important lease detail: the commercial lease has only three years remaining. Many mortgage lenders are likely to refuse lending on this basis; buyers should plan for a cash purchase or seek specialist lending and legal advice. The lease is described as renewable, but terms on renewal are not set out.
Operational costs and specifics: current rent is £34,800 p.a. and business rates are around £2,100 p.a. (buyers should verify). Opening hours and an alcohol licence extend trading opportunities. The property benefits from excellent transport links and a large local catchment of commuters and families.