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Leasehold Mini Mall In East London For Sale

East London, London
Asking Price:
£150,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Leasehold Mini-mall In East London E1 Ref No: 24945

Leasehold newly constructed mini super mall combination of small and large 18 shops on ground level and basement. Located at a minute walk from the overground station, a busy business street with various retail business and footfall.

Ground floor area: 2000 sq.ft (approx.)

Basement area: 1600 sq.ft (approx.)

Lease: New 25 years lease renewable under Landlord tenant act

Rent: Rent for the entire premises £10,666 P.M. and Annual Rent £127,999

Rates: £4,000 P.M. annual £48,000 P.A.

Income: Rental income from the shop £27,000 P.M, Annual Rent £324,000 P.A. Rents to be reviewed in December 2019

Goodwill: £1.5 Million

Office:- New Southgate
Tenure:- Leasehold

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