Convenience Stores Business for sale in 0 HACKNEY London

London Properties are pleased to offer to the market off licenceconfectionery business for leasesale prominently located in a parade in a large residential area

Location : London -HACKNEY

Category : Convenience Stores

Asking Price : £ 120,000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • London Properties are pleased to offer to the mark, Located in HACKNEY London
  • London Properties are pleased to offer to the mark, Located in HACKNEY London
  • London Properties are pleased to offer to the mark, Located in HACKNEY London
  • London Properties are pleased to offer to the mark, Located in HACKNEY London

Business description

LOCATION:

The premises are prominently located in a parade in a large residential area and situated Graham Road in Hackney & within walking distance to Central Hackney Railway Station

DESCRIPTION:

The ground floor is approximately 620 sq ft, which is a sizable unit with additional space at the rear of the shop. The basement is approximately 385 sq ft in total. Access to toilet in the basement. This area is vital storage space and is very spacious.

USES:

A1 with alcohol licence

PREMIUM:

£120,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL:

£14,000 per annum

TERMS:

17 years remaining of a renewable lease

BUSINESS RATES:

£4,400 per annum. However, all interested parties are encouraged to make their own enquiries with the local authority’s

SIZE:

Approximately 1005 sq ft including basement

OPENING HOURS:

Opening times are weekdays 7am - 1am and weekends 7am - 2am

STAFF:

Owner managed 3 staff

TURNOVER:

Current turnover in excess of £494,000 per annum approximately & £2**** **** ,000 oyster turnover per annum.

LEGAL COST:

To be confirmed

LOCAL AUTHORITY:

Hackney

REFERENCE CHARGE:

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT:

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS:

Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE:

London Properties for themselves for Lessors, Vendors and their agents, give notice that:- 

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 

2. These details do not constitute any part of an offer or contract. 

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties. 

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS:

Through London Properties by appointment only.

MAILING LIST:

We at the London Properties Sales Team hope to be in regular contact with you to assist in your search for a suitable property. To keep our records up to date we request that you keep us informed as to the progress of your search so as to avoid any unnecessary inconvenience. Thank you for your assistance in this matter.

DETAILS BY E-MAIL:

We can send full colour sales particulars by e-mail. If you would like to receive details via this medium, please either telephone us with your e-mail address or send an e-mail to the sales team at:

****@****.com.au

FREE VALUATIONS &

MARKETING ADVICE:

We at London Properties would like to assist you with the sale of your property? Just contact the sales team and we will be pleased to offer you a free valuation and market appraisal, a service that we provide with obligation. Competitive fees are available for both sole and multiple agency instructions. Please contact the sales team on:

**** ****

MORTGAGES: We can offer help and advice in arranging your mortgage.

Written quotations are available on request. Please contact this office.

REMEMBER: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP WITH

REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED ON IT.

Other Information

  • Employees: OWNER PLUS 3 STAFF
  • Trading Hours: MONDAY TO FRIDAY 7.00AM TO 1.00AM SATURDAY AND SUNDAY 7.00AM TO 2.00AM
  • Lease Terms:17 years remaining of a renewable lease RENTAL £14,000 per annum
  • Company Details : London Properties
  • Phone : Click here for phone number
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