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Commercial
Status: Guide Price
Type: For sale
Tenure : Leasehold
Class: A1 Shops
Address: 287 High Street North, London E12, UK
Categories:
Business For Sale
Price: £115,000
Min size: 1,200.00 sq ft

***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.


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

Listed on: 17 December 2014
£115,000
Guide Price
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