Location: The premises are prominently located on popular and busy Woodgrange Road in Forest Gate and situated opposite Forest Gate Station and 3 minutes to Wanstead Overground Station. The currently trading as a newsagent/grocery very close to local amenities and other high street retailers.
Description: The shop floor & basement which is a one bedroom flat are 1100 sq ft approximately, electric shutters, fully alarmed, cctv, lottery & scratch cards, oyster, key cutting, parcel force small yard, off street parking.
Uses: A1 & A2
premium: 130,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.
Rental: 25,000 per annum
terms: New 15 years with rent reviews every 3 years
business rates: Interested parties are encouraged to make their own enquiries with the Borough of Newham
size: Approximately 1100 sq ft including basement
opening hours: Monday - Sunday 6:00 a.M till 9:00 p.M
staff: Family Run
basement: 1 Bedroom Flat currently used as storage
turnover: Current turnover in excess of 260,000 per annum approximately
accounts: Available on request
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 additional info
£130,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill