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London Properties are pleased to offer to the market this A1 A2 shop unit for sale & loca

Forest Gate, London
Leasehold Price:
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Advert ID
E7 0EN / Rightbiz


LOCATION:The premises are prominently located on popular and busy Woodgrange Road in Forest Gate and situated opposite Forest Gate Station and 3 minutes to Wanstead Overground Station. The currently trading as a newsagent/grocery very close to local amenities and other high street retailers.

DESCRIPTION:The shop floor & basement which is a one bedroom flat are 1100 sq ft approximately, electric shutters, fully alarmed, cctv, lottery & scratch cards, oyster, key cutting, parcel force small yard, off street parking.

USES:A1 & A2

PREMIUM:£150,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL:£25,000 per annum

TERMS:New 15 years with rent reviews every 3 years

BUSINESS RATES:Interested parties are encouraged to make their own enquiries with the Borough of Newham

SIZE:Approximately 1100 sq ft including basement

OPENING HOURS:Monday - Sunday 6:00 a.m till 9:00 p.m

STAFF:Family Run

BASEMENT:1 Bedroom Flat currently used as storage

TURNOVER:Current turnover in excess of £260,000 per annum approximately

ACCOUNTS:Available on request

LEGAL COST:To be confirmed


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
Seller Details
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Listing Details
Leasehold Price: £150,000
Tenure: Leasehold
Sector: Newsagents, Convenience Stores
Key Features
  • High Turnover
  • Small Business
  • Fully Fitted
  • Close to Local Amenities
  • Prime Location
  • Established Business
  • Price Reduced
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