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LET AGREEDCOMMERCIAL

High Street North, East Ham, E6 2HT

£4,865 pcm
£58,380 pa
Stonebridge Estates, London

Letting details

Let available date:
Now
Deposit:
£4,865A deposit provides security for a landlord against damage, or unpaid rent by a tenant.Read more about deposit in our glossary page.
Let type:
Long term
Furnish type:
Unfurnished
PROPERTY TYPE

Mixed Use

BATHROOMS

1

SIZE

Ask agent

Key features

  • Prime location in East Ham Town Centre, 0.4 miles from the Overground Station..
  • High footfall area, next to Boots and Argos, surrounded by cafés and shops
  • Sacious lock-up shop with an open-plan layout and rear stockroom.
  • Includes a 1-bed apartment on AST for £1,000 pcm.
  • Successful business, generating £15K £35K monthly takings.
  • Established for 8+ years, sale due to retirement.
  • Renewable lease
  • Super high footfall
  • Premium wanted

Description

Situated in East Ham Town Centre, just 0.4 miles from East Ham Overground Station.

This is a highly busy area with a variety of amenities, including cafés, retail shops, and nail salons.

The property is ideally positioned next to Boots and Argos, ensuring high foot traffic.

DESCRIPTION
lock-up shop with a primarily open-plan layout and a stockroom at the rear.

Additionally, a one-bedroom apartment on the first floor is available separately on an AST for £1,000.00 per month.



Currently operating as a successful ladies` clothing store, the business generates monthly takings between £15,000 to £35,000, depending on the season, with further growth potential. Established for over eight years, the sale is due to retirement.

Shop Rent: £58,380 + Vat

Premium: £25,000

Flat Rent : £12,000

Rates: Interested parties should make their own enquiries

Use: E class

Term: Assignment of a 3 year lease, renewable lease

Successful Supermarket business for sale
Busy high Street Location
Fully fitted
Assignment of 3 year lease renewable lease
Existing local client base already

Please note, we charge a £750 fee for administration and referencing to incoming tenants.

TERMS
Assignment of a 3 years lease renewable

VAT
It is our understanding that VAT is applicable on the rent. Commercials rent only, residential will be vat exempt

LEGAL COSTS
Each Party to pay their own legal fees.

VIEWING
Strictly by appointment only.

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Notice
All photographs are provided for guidance only.

Redress scheme provided by: The Property Redress (PRS008986 )
Client Money Protection provided by: Client Money Protect (CMP004108)

High Street North, East Ham, E6 2HT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • East Ham Station0.2 miles
  • Upton Park Station0.8 miles
  • Woodgrange Park Station0.9 miles
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About Stonebridge Estates, London

241e High Street North, London, E12 6SJ

There really is no substitute for the value that an experienced estate agent can bring to the sales process. We have been selling and letting property in Newham and the surrounding areas for over 30 years combined and we know how to obtain the best prices for our clients no matter what the market is doing.

Notes

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Disclaimer - Property reference 257_STOB. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stonebridge Estates, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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