Business For Sale - 287 High Street North, London E12, UK

£115,000

Property information

Type:

Sale

Tenure:

Leasehold

Address:

London, E12 6SL

Categories:

Businesses For Sale, Commercial Property

Listed on:

17-12-2014

Commercial

E12

1,200 ft²


Description

***Well Established; Residential High Street Footfall; Potential to Expand***

---Features---

- Well Established Jewellery Store- Trading for more than 10+ Years- Large Cellar Storage- Fitted Shop including Display Stands and Shelving- Modern Adjustable Shelving- Modern Point of Sale & CCTV System

---Turnover---

If interested in continuing the same trade further, additional information could be provided upon confirming with the vendor in terms of turnover and margin.

---Staff---

At present the shop is operated by the vendor with the assistance two more part time staff.

---OPENING HOURS---

Monday to Sunday: 11.00am to 6.00pm

---Accommodation---

The Freeholder has rented out the above apartment which has an access through the side of the building.

---Outside---

On Street parking on permit in the front with no access through to the rear

---Tenure---

We understand the entire premises are held on a secure renewable new lease and it would have approximately 12 years unexpired at a rental of £36,000 p.a. exclusive of rates and rent reviewed every 4 years.Current leaseholder pays rates in the region of £6,400 p.a. This could be clarified with the local council depending on the business proposal and expected turnover (i.e. London Borough of New Ham)

---Price---

ASKING PRICE INCLUDING THE SECURE LEASE and GOODWILL IS £115,000, plus STOCK AT VALUATION, FIXTURES AND FITTINGS.EARLY INSPECTION IS HIGHLY RECOMMENDED

---Viewing---

Strictly through RAM Estate Agents. Call Us for more information or to schedule a viewing straight away.




Disclaimer

Property reference: cpqi2gtfef

The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by RAM. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.

This property is marketed by:

RAM
713 Cranbrook Road, Ilford, Greater London, UK

View more properties from this agent

Reference: cpqi2gtfef

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