London Properties Are Pleased To Offer To The Market Off Licence/confectionery Business For Lease/sale Prominently Located In A Parade In A Large Residential Area And Situated Graham Road for Sale
Leasehold : £ 120,000
Turnover : £ 9,500 p.w.
London Properties are pleased to offer to the market off licence/confectionery business for lease/sale prominently located in a parade in a large residential area and situated Graham Road in Hackney & within walking distance to Central Hackney Railway Station. 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. Internal viewings are highly recommended through London Properties by appointment only.
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 & £208,000 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:
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:
020 8861 4615
||Opening times are weekdays 7am - 1am and weekends 7am - 2am
||Owner managed 3 staff
||17 years remaining of a renewable lease