Guide price
£40,000
Retail premises for saleHoe Street, Walthamstow E17
Just added
Business
About this property
Established Grocery Store & Butchers Business – Lease for Sale – Walthamstow, E17
Century 24 Ltd are delighted to offer for sale the lease and business of this well-positioned, double-fronted grocery store and butchers, prominently located on High Street, Walthamstow, E17 3AY.
🔴important: No approach whatsoever should be made directly to the owner or staff of the premises. All enquiries and viewings must be arranged through Century 24 Ltd.🔴
The business operates as a traditional Asian grocery and food store, offering a wide range of grocery products, toiletries and chilled/frozen goods. The premises benefit from multiple freezers, extensive shelving, a large rear storage area and a substantial commercial fridge, providing excellent facilities for continued trading.
The business occupies a high-footfall position on the Hoe Street/High Street area of Walthamstow, E17, surrounded by a large and established mixed residential community, offering strong passing trade and excellent potential for an incoming operator.
Key Features
✅Business Premium: £40,000, including fixtures and fittings
✅Rent: £33,000 per annum, payable quarterly in advance
✅Deposit: 3 months or 6 months, subject to references
✅Tenure: Approximately 2 years remaining on the existing lease
✅New Lease: A new 15-year renewable lease is available
✅Business Rates: Approximately £7,000 per annum
✅Permitted Uses: A1 / A2
✅Size: To be confirmed
✅Turnover: Available upon request
✳️Stock: Available separately by negotiation✳️
The business offers an excellent opportunity for an experienced retailer, grocery operator or entrepreneur looking to establish or expand within a busy and well-connected Walthamstow location.
❌Century 24 Ltd administration fee: 10% of the agreed business premium, payable by the incoming assignee.❌
We strongly recommend an early viewing to appreciate the location, size and potential of the premises.
For further information or to arrange a confidential viewing, please contact Century 24 Ltd Commercial Sales Department.
Century24 Ltd is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Century 24 Ltd are delighted to offer for sale the lease and business of this well-positioned, double-fronted grocery store and butchers, prominently located on High Street, Walthamstow, E17 3AY.
🔴important: No approach whatsoever should be made directly to the owner or staff of the premises. All enquiries and viewings must be arranged through Century 24 Ltd.🔴
The business operates as a traditional Asian grocery and food store, offering a wide range of grocery products, toiletries and chilled/frozen goods. The premises benefit from multiple freezers, extensive shelving, a large rear storage area and a substantial commercial fridge, providing excellent facilities for continued trading.
The business occupies a high-footfall position on the Hoe Street/High Street area of Walthamstow, E17, surrounded by a large and established mixed residential community, offering strong passing trade and excellent potential for an incoming operator.
Key Features
✅Business Premium: £40,000, including fixtures and fittings
✅Rent: £33,000 per annum, payable quarterly in advance
✅Deposit: 3 months or 6 months, subject to references
✅Tenure: Approximately 2 years remaining on the existing lease
✅New Lease: A new 15-year renewable lease is available
✅Business Rates: Approximately £7,000 per annum
✅Permitted Uses: A1 / A2
✅Size: To be confirmed
✅Turnover: Available upon request
✳️Stock: Available separately by negotiation✳️
The business offers an excellent opportunity for an experienced retailer, grocery operator or entrepreneur looking to establish or expand within a busy and well-connected Walthamstow location.
❌Century 24 Ltd administration fee: 10% of the agreed business premium, payable by the incoming assignee.❌
We strongly recommend an early viewing to appreciate the location, size and potential of the premises.
For further information or to arrange a confidential viewing, please contact Century 24 Ltd Commercial Sales Department.
Century24 Ltd is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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