Convenience Store for sale

Harin Supermarket, 414 - 416 High Street North Manor Park, London, E12 6RH

£150,000

Property Description

Commercial information

  • Business for sale

Key features

  • Weekly sales c.14,000 pw
  • Total retail space 2,700 sq fts
  • Within 0.5 miles of 2 train stations
  • Located on a busy high street
  • Huge potential to grow retail offering
  • Energy Rating D

Full description

Tenure: Leasehold

Description

This convenience store offers an excellent opportunity for either a corporate retailer to acquire a going concern with a long standing trading history, or a multiple independent owner to run the business as part of their own group.

Location

Harin convenience store is located in East London within a local community shopping parade in a prominent position among complementary retail and food businesses. The store is also within close proximity of local schools and about 0.5 miles from two train stations (East Ham and Manor Park), both popular with London commuters, offering Underground and mainline train services into to London Liverpool Street.

Internal Details

The business is fitted with all necessary equipment for a supermarket/ convenience store. The total area is c.2100 sq ft

Other Floors

Included in the lease is an additional c.700 sq ft of ancillary space in the basement.

External Details

The business benefits from a large double frontage.

The Opportunity

After many successful years of trading, our client is now minimising his portfolio. With current gross profit margins of under 20%, there still is great scope to increase both margins and trade further through re-merchandising and/or developing the current store.

Staff

Two full time staff, two part time

Trading Information

Trading information is available on request.

Loan available via Christie Finance, subject to status.

Trading Hours

Monday to Saturday 09:00am - 10:00pm
Sunday - Closed

Business Rates

We are advised that the current owner is paying £14,952 in business rates.
It is advised that all interested parties make their own enquires with the local authority.


Nearest stations

  • Woodgrange Park (0.3 mi)
  • East Ham (0.5 mi)
  • Manor Park (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 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

  • Woodgrange Park (0.3 mi)
  • East Ham (0.5 mi)
  • Manor Park (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 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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