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Well Located Off-licence In Newham For Sale

Newham, London, UK
Asking Price:
£200,000 Furniture / Fixtures included
Sales Revenue:
£700,000
Cash Flow:
£40,000

Located near Excel, high turnover, ten years lease left. Present owner is running the business for the past 30 years. A three bedroom flat above shop with separate entrance.

If interested, please contact us by filling the form given below. Thank you

Property Information

Property:

Leasehold

Lease Terms:

10 years left , Rent is £8000 per annum, No Business Rates payable.

Living Accommodation:

Three bedrooms apartment above the shop and has a separate entrance.

Location:

Well located, within minutes to Custom House Station and Excel. Cross Rail being built now

Premises Details:

It is spacious and has a large storage space at the back. There is room for extending and improving the sales area.

Business Operation

Expansion Potential:

There is a regeneration project looming but due to financial constraints will be postponed further. Shopkeepers in the area have been promised to allow their business to continue in the new scheme of things.

Competition / Market:

The other shops in the parade have been present and do not compete with our business.

Reasons for selling:

Age related illness and retirement.

Trading hours:

12pm until 23.00hrs. Monday - Saturday
12pm until 22.00hrs Sunday, Bank Holidays

Employees:
4 employees
Years established:
40 years

Other Information

Furniture / Fixtures value:
£10,000 - included in the asking price
Inventory / Stock value:
£30,000

Contact Information

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