- Prime location in East Ham Town Centre, 0.4 miles from the Overground Station..
- High footfall area, next to Boots and Argos, surrounded by cafés and shops
- Sacious lock-up shop with an open-plan layout and rear stockroom.
- Includes a 1-bed apartment on AST for £1,000 pcm.
- Successful business, generating £15K £35K monthly takings.
- Established for 8+ years, sale due to retirement.
- Renewable lease
- Super high footfall
- Premium wanted
Situated in East Ham Town Centre, just 0.4 miles from East Ham Overground Station.
This is a highly busy area with a variety of amenities, including cafés, retail shops, and nail salons.
The property is ideally positioned next to Boots and Argos, ensuring high foot traffic.
DESCRIPTION
lock-up shop with a primarily open-plan layout and a stockroom at the rear.
Additionally, a one-bedroom apartment on the first floor is available separately on an AST for £1,000.00 per month.
Currently operating as a successful ladies' clothing store, the business generates monthly takings between £15,000 to £35,000, depending on the season, with further growth potential. Established for over eight years, the sale is due to retirement.
Shop Rent: £58,380 + Vat
Premium: £25,000
Flat Rent : £12,000
Rates: Interested parties should make their own enquiries
Use: E class
Term: Assignment of a 3 year lease, renewable lease
Successful Supermarket business for sale
Busy high Street Location
Fully fitted
Assignment of 3 year lease renewable lease
Existing local client base already
Please note, we charge a £750 fee for administration and referencing to incoming tenants.
TERMS
Assignment of a 3 years lease renewable
VAT
It is our understanding that VAT is applicable on the rent. Commercials rent only, residential will be vat exempt
LEGAL COSTS
Each Party to pay their own legal fees.
VIEWING
Strictly by appointment only.
Deposit: £4,865.00
Business Rates
London Borough of Newham
Notice
All photographs are provided for guidance only.
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Utility |
Supply Type |
Electric |
Mains Supply |
Gas |
None |
Water |
Mains Supply |
Sewerage |
None |
Broadband |
None |
Telephone |
None |
Other Items |
Description |
Heating |
Electric Heaters |
Garden/Outside Space |
Yes |
Parking |
No |
Garage |
No |
Broadband Coverage |
Highest Available Download Speed |
Highest Available Upload Speed |
Standard |
9 Mbps |
0.9 Mbps |
Superfast |
80 Mbps |
20 Mbps |
Ultrafast |
1000 Mbps |
50 Mbps |
Mobile Coverage |
Indoor Voice |
Indoor Data |
Outdoor Voice |
Outdoor Data |
EE |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
Three |
Likely |
Likely |
Enhanced |
Enhanced |
O2 |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
Vodafone |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
Broadband and Mobile coverage information supplied by Ofcom.