General Stores for sale in Forest Gate

View the "London Properties are pleased to offer to the market this A1/A2 shop unit for sale & located on popular and busy Woodgrange Road in Forest Gate" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Leasehold Price: £175,000 Annual Turnover: £260,000
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Business Description
LOCATION: The premises are prominently located on popular and busy Woodgrange Road in Forest Gate and situated opposite Forest Gate Station and 3 minutes to Wanstead Overground Station. The currently trading as a newsagent/grocery very close to local amenities and other high street retailers.

DESCRIPTION: The shop floor & basement which is a one bedroom flat are 1100 sq ft approximately, electric shutters, fully alarmed, cctv, lottery & scratch cards, oyster, key cutting, parcel force small yard, off street parking.

USES: A1 & A2

PREMIUM: £175,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: £25,000 per annum

TERMS: New 15 years with rent reviews every 3 years

BUSINESS RATES: Interested parties are encouraged to make their own enquiries with the Borough of Newham

SIZE: Approximately 1100 sq ft including basement

OPENING HOURS: Monday - Sunday 6:00 a.m till 9:00 p.m

STAFF: Family Run

BASEMENT: 1 Bedroom Flat currently used as storage

TURNOVER: Current turnover in excess of £260,000 per annum approximately

ACCOUNTS: Available on request

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Newham

REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS: Through London Properties by appointment only.
Trading Hours:
Monday - Sunday 6:00 a.m till 9:00 p.m


Number of Employees: Family Run

Tenure: Leasehold

Location Details:

London Properties are pleased to offer to the market this A1/A2 shop unit for sale & located on popular and busy Woodgrange Road in Forest Gate and situated opposite Forest Gate Station and 3 minutes to Wanstead Overground Station. The currently trading as a newsagent/grocery very close to local amenities and other high street retailers. The shop floor & basement which is a one bedroom flat are 1100 sq ft approximately, electric shutters, fully alarmed, cctv, lottery & scratch cards, oyster, key cutting, parcel force small yard, off street parking. Internal viewings are highly recommended through London Properties by appointment only

Leasehold Term: New 15 years with rent reviews every 3 years

Listed by: London Properties
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