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Birling Road, Erith

Offers in the Region Of £60,000

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***EXCELLENT A5 OPPORTUNITY with 2 BED FLAT*** producing additional income. TO LET £12,000pa and the 2 bed flat is producing £9,600 pa.

Wonderful and rare opportunity to acquire a very well specified takeaway unit which is trading profitably along with an income producing 2 bed seff contained flat. The overall rent for the building is £12,000 per annum however the flat itself produces £9600 per annum making this really quite attractive.

Experienced applicants only and those who can show proof of funding need only apply through Sole Agents. STRICTLY PRIVATE AND ONLY THROUGH AGENTS HARPERS & Co 01322 524425.


Birling Road
Erith DA8 3HY
County: Kent
Sale Type: For Rent
Ref #: 00001175

LOCATION

Birling Road is located in Erith just off of Birling Road and forms part of a secondary parade of shops which services the highly residential local community. Erith provides good transport links to the A2, M25 and Central London.

DESCRIPTION

This property comprises of a 725sq ft 67sq m largely open plan A5 Burger and Kebab House. The unit is very well decorated and has relatively new equipment such as grills fryers and hot cupboards. The cost of the fixtures fittings and goodwill is offers in the region of £60,000. The unit has healthy weekly takings and works on 30% plus margins with ample scope for improvement. The other part of this unit is a self contained 2 bedroom flat above the shop accessed by way of an external and covered staircase. The flat is currently LET providing £800 pcm which really offsets the rent from the whole building. This is a wonderful and rare opportunity to buy a successful and profitable business with accommodation that really offsets the rent of the whole building.

TERMS

This profitable business is for sale with offers in the region of £60,000 for the fixtures fittings an goodwill. The rent is £12,000 per annum for the unit and the 2 bedroom flat which makes this most attractive.

RATES

Applicants are encouraged to make their own enquiries with www.voa.gov.uk. However our own endeavours show that the unit maybe rates free and certainly eligible for small business rates relief. SBRR.

VAT

This property is not elected for VAT and so none is payable.

LEGAL TERMS

Each party is responsible to pay their own legal fees in this transaction.


Birling Road
Erith DA8 3HY
County: Kent
Sale Type: For Rent
Ref #: 00001175

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Birling Road
Erith DA8 3HY
County: Kent
Sale Type: For Rent
Ref #: 00001175
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