License To Sell Alcohol Busy Supermarket In London For Sale

Business description

MUST SELL due to the poor health of the owner

Licence and Usage: A1 & Alcohol Licence - Usable as a shop. For the retail of goods other than hot food, a post office, the sale of tickets, a travel agency, hairdressing, funeral direction, display of goods for sale, hiring out of domestic or personal goods, reception of goods to be washed, cleaned or repaired.

Status: Currently a busy off-license shop.

Address: Hoe Street, E17 3AH

Location: Ideally located close to the cross of Hoe street and Lea Bridge Road.

Condition: Good working condition.

Premium: £100,000 including £40,000 worth of stock

Lease Term:10 years remaining

Rent: £23,000 p.a.

Rates: £5,000 p.a.

Summary:

This ideally located off-licence has been in operation for seven years. Its currently open 24 hours a day, seven days a week - and has an average turnover of over £10,000 per week

Viewing strictly by appointment through North London Estates commercial department. Please contact us by clicking on the contact seller button below.

Property information

Property:

Leasehold

Lease terms:

13 years remaining lease

Leasehold rent:

£21,000 per annum

Location:

Ideall located on the cross of Hoe street and Lea Bridge Road

Business Operation

Trading hours:

Open 24 hours 7 days a week

Years established:

Operating for 7 years