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Shop for sale

Well Street, London

£25,000
380 sq. ft.

Property Description

Commercial information

  • 380 sq ft (35 sq m)
  • Use class orders: A1 Shops

Key features

  • Warren Anthony Commercial are delighted to bring to the market this retail property which has been trading successfully we understand for many years as a Convenience Store and Newsagents.
  • It also has the added benefit of contracts for the Travel Oyster Card, Paypoint and a Cash Machine.
  • The premises are prominently located on this popular parade on Well Street within walking distance to London Fields Overground Station and the property is situated within a large residential area and
  • Use A1/A2.
  • Premium 25,000 subject to contract for the benefit of the lease, business, goodwill, fixtures and fittings.
  • Rental 9,000 per annum exclusive.
  • Lease 19 years approx remaining with periodic rent reviews.
  • Business rates we understand to be nil payable subject to small business rate relief applicable. However, it is recommended that all interested parties make their own enquiries to the local rating dep

Full description

Warren Anthony Commercial are delighted to bring to the market this retail property which has been trading successfully we understand for many years as a Convenience Store and Newsagents.

It also has the added benefit of contracts for the Travel Oyster Card, Paypoint and a Cash Machine.

The premises are prominently located on this popular parade on Well Street within walking distance to London Fields Overground Station and the property is situated within a large residential area and close by to Lidl superstore.

Use A1/A2.

Premium £25,000 subject to contract for the benefit of the lease, business, goodwill, fixtures and fittings.

Rental £9,000 per annum exclusive.

Lease 19 years approx remaining with periodic rent reviews.

Business rates we understand to be nil payable subject to small business rate relief applicable. However, it is recommended that all interested parties make their own enquiries to the local rating department at the London Borough of Hackney.

Size 380 sq ft approx.

Opening hours open 7 days a week from 6.30 am until 7.30 pm.

Staff owner managed with 2 staff.

Turnover with we understand a current turnover in excess of £208,000 per annum approx.

Legal costs with each party to bear their own legal costs as well as the ingoing tenant/buyer to be responsible also for the payment landlord's legal costs.

Local authority London Borough of Hackney.

Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.

A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account.

Any fixtures, fittings, equipment, machinery and plant 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.

Warren Anthony for themselves for the 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 Warren Anthony.

4. All rent, prices, fees and charges are quoted exclusive of VAT.

Viewing through Warren Anthony Commercial by prior appointment only.

Important Notice
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


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