Shop for sale

Roman Road, London, E3

Fixed Price £60,000

Property Description

Full description

Tenure: Leasehold

Laxmi News offers a good sized frontage in an enviable location. The ground floor lock-up retail unit, would suit a new or existing operator.

The business currently has strong profit margins; this is complemented by the range of products sold. The business receives a regular and steady income from commissions such as Lottery, Oyster and PayPoint and has an ATM inside. There is scope and opportunity for growth through extended hours.

Trading Information - The current weekly sales are in the region of 7,500.

Trading Hours

Monday - Friday = 6:00am - 6:00pm
Saturday = 6:00am - 7:30pm
Sunday = 7:00am - 12:00pm

Business Rates - The Business Rate is 6,090 per annum and the Rent payable is 18,000 per annum.

Fixtures & Fittings - We have been advised that all fixtures and fittings are owned outright and will be included in the sale.

Staffing - The business is currently operated by the owners.

Stock - Please note that there is also approximately 20,000 of stock that will need to be paid by the new buyer.

Located on Roman Road, this shop is ideally located close to a wide selection of bars, boutiques, restaurants and the famous Roman Road Market with Victoria Park being located only around the corner. Situated within walking distance to Bow Road as well as Mile End Station.


Nearest stations

  • Mile End (0.5 mi)
  • Bow Road (0.6 mi)
  • Bow Church (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lime Residential House , London

Kemp House 152-160 City Road, Capital Office, London, EC1V 2NX

020 7206 2551 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Mile End (0.5 mi)
  • Bow Road (0.6 mi)
  • Bow Church (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lime Residential House , London

Kemp House 152-160 City Road, Capital Office, London, EC1V 2NX

020 7206 2551 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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