Retail premises for sale in London, England, United Kingdom E6

Business
Please quote reference B07730

CoGoGo are delighted to welcome to the market Skipper Fishmongers, a highly rated business opportunity in East Ham area of Greater London.

The business was originally established over 10 years. The business has built up an excellent reputation and regular customer base over its many years of trading, resulting in some great online reviews.

Skipper Fishmongers has now come to the open market due to our clients desire to relocate overseas.

Skipper Fishmongers is highly rated and has an excellent reputation within the area, for its large range of fresh stock.

The business has been able to achieve a regular customer base, with a majority of the trade being walk in customers. They do however have a few commercial customers.

Key selling points -

• Well established


• Great reviews


• Turnkey business


• Great location


• Low overheads


• Hand over


• Living accommodation

Scope for further growth -

• Expand commercial client base


• Increase advertising and marketing


• Increase online presence

Location
Skipper Fishmongers occupies a highly desirable trading position on Barking Road in East Ham, Greater London.

The business has eye catching signage, receiving high levels of footfall and passing trade.

Premises
Ground floor -

• Service area with large fish fridge/serve over counter


• Commercial preparation area to the rear with storage area and WC

First floor -

• 3 Bed flat


• Could be used as living accommodation or continue to rent to the current tenant

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year rolling lease agreement (commencement year of 2024). The rent is £26,500 per annum.

The flat above also generates a rental income.

Hours
The current trading hours are -

Monday to Sunday - 8:30am - 7:30pm

Staff
We are advised that the business has 2 full-time members of staff.

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £468,000. Further financials can be made available upon request.