Retail premises for sale

High Street North, London E12

Corner supermarket premises located on Manor Park High Street, E12. The premises is arranged mainly as open plan with a stock room to the rear as well as a large basement area for extra stock. There is also a small office on the first floor. The shop is currently trading as a successful supermarket with takings at circa £7,000 pw with potential for further growth. The shop has recently been refurbished and the fit out is now at a good standard with new equipment, flooring and lighting.

Location
Situated on high street North just 0.5 miles and 0.4 miles from East Ham over ground station and Woodgrange Park Station. A very busy high street with many amenities such as cafes, retail shops and nail saloons just to name a few. The property is located directly opposite Manor Park Church.

Description
Ground floor lock-up shop situated on a high street in Manor Park, E12. The premises is arranged mainly as open plan with a stock room to the rear as well as a large basement area for extra stock. There is also a small office on the first floor. The shop is currently trading as a successful supermarket with takings at circa £7,000 pw with potential for further growth. The shop has recently been refurbished and the fit out is now at a good standard with new equipment, flooring and lighting.

Rent: £16,000p.a
Premium: £60,000
Rates: Interested parties should make their own enquiries
Use: E class
Term: Assignment of a 15 year lease.

Successful Supermarket business for sale
Busy high Street Location
Fully fitted
Assignment of 15 year lease
Existing local client base already
Basement and office included

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

Terms
Assignment of a 25 year lease

VAT
It is our understanding that no VAT is applicable on the rent.

Legal costs
Each party to pay their own