Commercial property for sale in Meads Lane, Ilford IG3

Commercial property for sale 1
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Property features

  • Purchase Franchise Opportunity
  • All Staff Operated
  • X2 Flats Rental Income
  • Long Lease
  • A3

Property description

Portfolio Assets Are delighted to offer for sale this fully staff operated Leasehold Chicken Shop on Meads Lane Ilford Essex, with 3 flats. Based in a well populated residential area with a weekly turnover of approximately £4500 per week with huge scope to increase the sale. Here are a few options:

A Business Owner operator:

Renewable Lease 15 years at £22500 per year

Rental Income without shop is £31200 per year

Yearly Positive income cash flow is £9000 per year

Shop is rent free. Build your Business rent free.......

A Investor:

Renewable Lease 15 years at £22500 pet year

RentalIncome without shop is £31200 per year

Rent shop out on Management and Charge £25-30k

And charge a rent of £1250 per month which is £15000 per year

Yearly Positive income cash flow is £24000 per year

An Excellent opportunity please call to enquire.

Shop Floor

Tiled flooring, wooden cladding on walls, white painted ceiling with large spot lights and hanging lamps.

Kitchen (17' x 15'09)

Fully staff operated kitchen

W.C (7'02 x 10')

Storage Area (12'08 x 4'06)

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For more information about this property, please contact
Portfolio Assets, IG3 on +44 20 8166 1392 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Portfolio Assets, and do not constitute property particulars. Please contact Portfolio Assets for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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