Halal Butchers and Groceries for Sale in Walthamstow London Central Market
Walthamstow, London
- Status
FOR SALE
- Advert ID
655908
- Leasehold: £165,000 (Stock at valuation)
- Rent: £22,000 (£1,833 per month)
- Turnover: £450,000 (£8,654 per week)
- Profit: On request
Key Features
- Excellent location advantages
- Established and operational shop
- Locality with high demand
- Prime location with foot traffic
Business Details
Halal Butchers & Asian Afro Caribbean Groceries
Located in Walthamstow Central , this shop presents a remarkable opportunity.
This establishment has been trading for more than 25 years, a traditional butchers but also a grocery retail destination, featuring a diverse array of halal products.
The area boasts vibrant local amenities, drawing significant foot traffic and creating a welcoming atmosphere for customers.
This is a lovely corner shop with a set of double doors on both sides.
The side of the shop is directly leading to Walthamstow Central Bus , Overground and Underground Station.
The front is facing the busy High Street with NatWest, Main Library, Popeyes ,Five Guys, Forest cinema complex ,Nandos ,Lidl, Selbourne Walk Shopping Mall, and many retailers including the famous Walthamstow Market.
The current turnover stands at £450,000 with additional revenue from supplying local cafe's and restaurants.
The annual rent is £22,000 leasehold 12 years remaining (renewable) supported by a secure lease agreement that provides stability and peace of mind making it a viable commercial investment as current business or changing the use due to its prime location.
Additional income is generated from a kiosk serving ice cream, slush, savouries, sweetcorn ,tea and coffee.
Facility to generate further income with another kiosk running own business for example fruit and vegetable bowls along the side and front subject to necessary permission.
The business has a work permit licence for butchers due to skill shortage.
The premises are well-equipped with essential refrigeration and preparation equipment ensuring efficient operations.
Importantly, there is a strong potential to grow by supplying more local businesses and expanding the product range to meet the increasing demand within the locality.
Don't miss out on the chance to take ownership of a well-regarded shop that not only meets a high demand for halal products but also serves a vibrant community.
This location is highly sought after and will be an asset to any investor with the vision to take the shop to a new level either its current use or something else..
Change of the use is subject to the Freeholder permission and Council approval which should not be an issue due to the diverse array of retail activity in the vicinity.
The owner has retirement plans reason for selling.
Map
What's Nearby
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
