Confectioners for sale in East London

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Y. MacGregor (Nov 2017)
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Leasehold Price: £39,950
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Business Description
NEWSAGENT/CONFECTIONERS EAST LONDON REF: 24217

Thriving double fronted lock up shop sit on a busy main road location. Plenty of passing trade. Walking distance to the station. Bus stop right outside the shop. Long well established business. Regular clientele. Good fixtures & fittings. Shop size 500 sq ft plus 200 sq ft storage plus 300 sq ft garage and rear yard. Renewable 20 years lease, 10 years remaining. Rent £9,500 p.a. Shop T/O £4,000 p.w. Newsbill £1,100 p.w. Oyster £6,000 p.w. Epay £400 p.w. Western Union Commission £60 Per Week and Tremendous potential for Extension of shop with Off Licence/Lottery/Pay point/Etc. Scope to extend the shop. Potential for longer hours. Price: £39,950 + SAV
Trading Hours:
Monday - Saturday 6.00 AM - 7.00 PM & Sunday 6.00 AM - 5.00 PM

Tenure: Leasehold

Location Details:
Busy Main road position with Bus right outside the shop and walking distance to station.

Leasehold Term:
20 years lease,10 years remaining with 4 yearly rent reviews.

Website:

Listed by: BTC Commercial

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24217
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