Post Office, News agent & confectionery business for lease/sale

LOCATION: The premises are prominently located in a large residential area and situated on Station Road in Forest Gate also close by 2 local schools. Within walking distance to Forest Gate Railway & Tfi Station & Wanstead Overground Station. DESCRIPTION: It has big shop area on the front and at the back it has kitchen with all appliance, washing machine facility fitted & Bath/Toilet etc. It compromise of 3 rooms according to information provided by landlord an application has been submitted granted to create Bath/WC & Kitchen. it has separate entrance which leads to first floor. BUSINESS: News agent & confectionery business for lease/sale on very busy area with high local footfall and operated by owner from over 18 years so it has plenty of regular clients. Shop is selling lottery tickets, newspaper, magazines, pay point, cigarettes, alcohol, confectionery, stationery, oyster card etc. It has full CCTV system installed, Atm link, various shelves and slats been installed. It is great opportunity for business or investment purpose. Owner is selling/leasing due to medical health issue. USES: A1/A2 PREMIUM: £65,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill. RENTAL: £25,000 per annum TERMS: Available Freehold or Leasehold. The property is available to let on a new lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews. BUSINESS RATES: Nil. However, all interested parties are encouraged to make their own enquiries with London Borough of Newham SIZE: Approximately 600 sq ft shop only OPENING HOURS: Monday to Saturday 7:30 a.m till 8:30 p.m & Sunday 8.00 a.m till 16:00 p.m STAFF: Family run UPPER PARTS: Two bedroom upper parts TURNOVER: Current turnover in excess of £260,000 per annum approximately.

London Properties on behalf of themselves and for the vendors of these properties whose agents they are, give notice that: (1) These particulars do not constitute a contract or an offer. (2) All statements made in these particulars relating to these properties are made without responsibility on the part of London Properties or the vendor. (3) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of these particulars. (4) London Properties or any person in their employment has no authority to make or give any warranty or representation what so ever in relation to these properties. (5) The above measurements were taken by a sonic measuring device and cannot be guaranteed to be 100% accurate.

ACCOUNTS: Available on requested LEGAL COST: To be confirmed LOCAL AUTHORITY: Newham REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants 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 AGENT NOTE: London Properties for themselves for 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 London Properties.

 4. All rent prices, fees and charges are quoted exclusive of VAT VIEWINGS: Through London Properties by appointment only

Property Features

• Furnishing: Furnished
• Tenure: Freehold
• Current Occupant: Vendor
• Class: A2 : Financial and professional services
• Size