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Birling Road, Erith Annual Rental Of £12,000

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EXCELLENT INVESTMENT
LOW RENT
INCOME PRODUCING FLAT
CAP PARK SPACE
NEW CATERING EQUIPMENT HIGHLY SPECIFIED
ZERO RATES
SELF CONTAINED 2 BED FLAT.
VIEWINGS ADVISED

TO LET A5 TAKEAWAY WITH LARGE 2 BED FLAT*** producing additional income. 12,000pa and the 2 bed flat is producing £9,600 pa. fantastic business to invest in with low premium.
Harpers &Co is delighted to offer this very well specified takeaway unit which is trading profitably along with an income producing 2 bed self 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.
We urge viewings on this amazing opportunity.

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.

Before the tenancy starts (payable to Harpers &Co

Holding Deposit: One (1) week's rent
Deposit: Five (5) weeks' rent
Holding Deposit Payment
It is a condition that once the holding deposit has been paid, it will be deducted from the first month’s rent upon the
moving in day. The move in date must be within 15 days of the holding deposit being paid, unless otherwise agreed.
The holding deposit is not refundable for the following reasons:
• If at any time you decide not to proceed with the application after the holding deposit has been paid.
• Failure to move in within 15 days of the date on this application, unless otherwise agreed.
• Provide us with false, misleading or incorrect information as part of your tenancy application.
• Unsatisfactory credit check(s) or reference(s).
• Failure of any of the checks which the Landlord is required to undertake under the Immigration Act 2014.
However, if the Landlord decides not to offer you a tenancy for reasons unconnected with the above then your deposit will
be refunded within 7 days. Should you be offered and you accept a tenancy with our Landlord, then your holding deposit
will be credited to the first months’ rent due under that tenancy.
Where, for whatever reason, your holding deposit is neither refunded nor credited against any rental liability, you wil l be
provided with written reasons for your holding deposit not being repaid within 7 days.

During the tenancy (payable to the Agent)

Payment of £50 if you want to change the tenancy agreement (once landlord's permission has been obtained).
Payment of interest for the late payment of rent at a rate of 3% above the current Bank of England base rate.
Payment of the cost to replace loss of keys/security devices (unless proven that the replacement cost more)
Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy.

During the tenancy (payable to the provider) if permitted and applicable:

Utilities - gas, electricity, water
Communications - telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Television licence
Council Tax

Tenant protection & Client Money Protection (CMP)

Redress Scheme& Tenant protection

Harpers & Co is a member of the Property Ombudsman TPO
Harpers & Co is a member of the Client Money Protection Scheme CMP (0059254)

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 £50-60k for goodwill and fixtures and fittings. We are informed that takings are stable at circa £3000 per week with massive growth for improvement. SPECIAL POINT: THE LARGE SELF CONTAINED 2 BED FLAT currently produces £9600.00 per annum which nearly pays for the ground floor rent. This is a unique and excellent opportunity.

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.