Shop for sale

Londes Supermarket, 576 Rainham Road South, Dagenham, united Kingdon, RM10 7XD

£149,900

Property Description

Commercial information

  • Business for sale

Key features

  • Gross weekly sales c.11-12,000
  • Accommodation income 13,200pa
  • Prominent position on retail parade
  • Popular road link in residential area
  • Nearby residential developments
  • Appointed Lotto & PayPoint Agent. Energy Rating D

Full description

Tenure: Leasehold

Description

Londes is a convenience store which offers an extensive range of convenience produce to the local community and passing traffic who use the off-road parking shared by the parade.

There is a planned residential redevelopment opposite the shopping parade in addition to a new 20 acre Media City within the close proximity.

Location

Londes Supermarket is located on a purpose-built retail among complementary businesses on a busy road (Rainham Road A1112) which provides access to commercial and industrial areas. The parade is within walking distance of Dagenham East Train Station (District line) with access to central London.

Dagenham can be accessed from the A12 or A13 in East London via junction 29-31 of the M25.

Internal Details

The retail unit is c.,322sq ft sq ft (voa) which partly consists of a which is well fitted and consists of extensive wall & freestanding shelving units, 3 chillers, upright & chest freezers which is served by a single epos till position.

There is a rear stockroom, staff toilet and CCTV alarm system.

Fixtures & Fittings

We're advised all fixture & Fittings are owned outright

Letting Accommodation

The accommodation is currently let for £13,200pa which is arranged over two floors and consists of a kitchen, lounge, two bedrooms and a bathroom. The owner believes should a third bedroom be included as part of the tenancy (which is currently retained as an office) a rent of £14,400pa could be generated.

External Details

External ATM
Communal customer parking

Staff

The business is managed “off site” by the current proprietor and run day to day by a team of staff

Trading Information

Profit and Loss Account for the year ended 5 April 2017 show total sales £799,155 which includes £231,300 of commission sales. The Gross Profit is 179,230.

Trading Hours

Monday to Saturday 7am - 11pm
Sunday 8am - 10pm

Business Rates

The 2017 Ratebale Value is £13,250.


More information from this agent

Nearest stations

  • Dagenham East (0.2 mi)
  • Dagenham Heathway (0.8 mi)
  • Elm Park (1.4 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

  • Dagenham East (0.2 mi)
  • Dagenham Heathway (0.8 mi)
  • Elm Park (1.4 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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