Summary - Flat 1 Old Inn House, 2, Carshalton Road, SUTTON SM1 4RA
1 bed 1 bath Commercial Property
**Standout Features:**
- Spacious commercial property with a prime High Street location
- Currently operating as a successful off-license and butcher, generating £14,000 weekly sales
- Large double shop front with lower ground floor access
- Well-equipped: includes storage room, kitchenette, W/C, and industrial freezer
- Existing lease has 12 years remaining, with a license to sell alcohol daily from 7 AM to midnight
- Close to local amenities and transportation hubs, including Carshalton College and Sutton Train Station
- Affordable council tax at £8,000 per annum; manageable business rates of £14,000 per annum
**Potential Concerns:**
- Leasehold property may pose challenges for mortgage lending due to the short lease terms
- High crime rate in the area may be a deterrent for some buyers
- Slow broadband speeds could affect business operations requiring high-speed internet
Summary:
This substantial commercial property, located in a bustling area of Sutton (SM1 4RA), presents an exceptional opportunity for aspiring entrepreneurs or existing business owners looking to expand. With an impressive weekly turnover of £14,000, this off-license and meat shop boasts a prime location on the High Street, ensuring high foot traffic and visibility. The spacious storefront features a large double front, lower ground floor access, and comprehensive facilities including a storage room, kitchenette, W/C, and industrial freezer, providing all the essentials for a thriving retail operation.
Moreover, the property benefits from a favorable leasehold arrangement with 12 years remaining, allowing you to step into a well-established business with a license to sell alcohol from early morning to midnight. While the area does face challenges such as high crime rates and slow broadband speeds, the affordable council tax and manageable business rates make this venture financially accessible.
Seize this incredible opportunity to own a valuable piece of real estate with high rental potential and the flexibility for future growth—ideal for ambitious investors or business-minded individuals!
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