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BUTCHERS, EAST LONDON

Forest Gate, London
Status
FOR SALE
Advert ID
250263
Reference
J7673RB / Rightbiz
Leasehold Price: £200,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

LOCATION:               In a very trendy East London suburb full of large Victorian houses and stately streets nearby with Central London just 12 minutes away. Its new Crossrail will link to Tottenham Court Road in 18 minutes with and rail to Stratford in 10/15 minutes. This shop is situated just 5 minutes away from the station on the very busy shopping street full of independents.

 

DESCRIPTION:        A large immaculately laid out single fronted shop with electric sliding front doors, electric shutters and signage to the front. The inside is the fully fitted with a brand new refit done to the highest standard including rewiring in October 2018 at a cost of £300,000. The shop benefits from fully clad stainless steel insulated walls. There is a serve over counter to the retail shop with a display fridge. To the rear is the preparation area with a full range of equipment, a walk-in fridge and freezer, a staff wc and  a kitchen area. There is also a small office in the basement. The rear door leads to a small yard where bins are kept plus motors for the equipment.

 

BUSINESS:                Busy butchers taking £10,000 pw with 5 staff at 70% g.p.  

 

HOURS:                     5 Day week 7 am to 6 pm and 5 pm. Closed Sunday and Monday.

 

EQUIPMENT:                        Fully fitted and equipped for the trade. List available on request.     

 

TENURE:                   Held on a 15 year renewable lease from October 2018 with 5 yearly rent reviews at £22,000 pa. Rates payable £5,000 pa.

 

COMMENTS:            just reduced from £390,000 for quick sale as seller is emigrating

                                                                                     

VIEWINGS/

Negotiations:             STRICTLY BY APPOINTMENT ONLY Strictly through PEGASUS BUSINESS SALES

Listing Details
Location: Forest Gate, London
Sector: Butchers
Key Features
  • Large Business for Sale
  • Incentives May Be Available
  • Established Business
  • Prime Location
  • Offers Invited
  • Attractive Business
  • Accounts Available
  • Adjacent to Multiple Retailers
  • High Turnover
  • Fully Fitted
  • Central Position in Affluent Village
  • Town Centre location
Contact Agent
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Advert Reference: J7673RB / Rightbiz

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