020 8552 0711

info@elliottdavis.co.uk

Prime location news agent & post office few minutes from forest gate & wanstead rail station

Forest Gate/Station Rd
£549,500

Property Address

  • Area / Street : Forest Gate/Station Rd

  • Postcode : E7 0AD

Property Detail

Updated on May 5, 2019 at 7:27 am

  • Property Status: New
  • Garden : Back Garden
  • Receptions : 1
  • Property Type: Shop+Accom
  • Bedrooms: 2
  • Bathrooms: 1

Description

News agent, post office & confectionery business for lease/sale on very busy area with high local footfall and operated by owner from over 18 years so it has plenty of regular clients.
Shop is selling lottery tickets, newspaper, magazines, pay point, cigarettes, alcohol, confectionery, stationery, oyster card etc.
It has full cctv system installed, Atm link, various shelves and slats been installed.
It is great opportunity for business or investment purpose.

**owner is selling/leasing due to medical health issue**

• fully fitted and trading
• busy residential location
• recently refurbished
• weekly turn over of £4000 to £6000
• ready for immediate contract
• regular income from atm
• post office commission
• good levels of parking

property description:

There are 2 floors
Ground Floor: It has big shop area on the front and at the back it has kitchen with all appliance, washing machine facility fitted & Bath/Toilet etc.

First Floor: It compromise of 3 rooms according to information provided by landlord an application has been submitted to create Bath/Wc & has separate entrance which leads to first floor.
Proposal

New Lease is available for 12 years (£22,995 annually rent) with premium of £55,995 or £549,500 for freehold. it include all fixtures, fittings and goodwill.

Stock will be negotiated separately at time of sale.