Property for sale in Barking Road, Newham E6

Guide price £120,000
Interested in this property? Call +44 20 8128 4718 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property for sale - 1 bedroom

1 1

Tenure:
Leasehold
Time remaining on lease:
7 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Property features

  • Close to Bus Routes (including Night Buses)
  • For the motorist. Very easy access to A406 - A12 - A13 and M11
  • Presented in Ready to Move in Condition
  • Shops and amenities nearby

Property description

Premium price £120,000 A3 Category Indian Takeaway.

We are delighted to welcome to the Chutneys, a good rated and well established Indian takeaway shop in East Ham on barking road.

The business has now come to the open market due to health issues.

· Close to A406, A12, A13, M11.

· End terraced

· Very busy road

· Surrounded by many offices, shops, pubs & businesses

· Benefitting from high levels of passing trade

· Near High Street North East Ham

· Opening hours 5:00pm to 12:30am 7 days

Rent £24k
Lease Terms: 7 to 8 years, Rent review 3 years
1 Bedroom flat: £1050 pcm
Turnover £6500 per week
Gross Profit 30%

Key selling points -

- A well established business opportunity with a regular customer base
- Ideal owner managed or partnership business
- A real opportunity to increase turnover and profits significantly, the business is currently being run at a pace to suit current owner.
- Scope for further growth -

- Advertising and Marketing campaigns
- Leaflet drops within the local area
- Maximise the use of social media
- Extend the trading hours
- Create a dedicated business website
- Partnering with Uber eat, Deliveroo and other food delivery services.
- Scope of opening during lunch times
Misrepresentations Act: Property Link for themselves and for the vendors/lessers of the property whose agents they are, give notice that: 1. The particulars are set out as general outline only for the guidance of intending purchasers/lessees and do not constitute, nor constitute part of an offer or contract. 2. All descriptions, dimensions, references to conditions and necessary permissions of use and occupation, and other details are given in good faith and are believed to be correct, but any intended purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each. 3. No person in the employment of Property Link has any authority to make or give any representation or warranty whatsoever in relation to this property.

Arrange Viewing

For more information about this property, please contact
Property Link, E6 on +44 20 8128 4718 * (local rate)

Contact Property Link about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Property Link, and do not constitute property particulars. Please contact Property Link 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.

Properties on the market nearby

26 more properties like this

View all E6 properties for sale