Commercial property to let in Barking Road, London E6
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Property features
- Running Business (Raw Fish) For Sale (Lease for shop and 3 Bedroom Maisonette) Premium £160k
- Approx. 11 years lease to assign (renewable) - Situated at a busy spot on Barking Road opposite East Ham Town Hall
- Commercial Unit with Ground Floor Shop Front (Corner Property) First / Second Floor Four Bedroom Maisonette
- Storage space at the Back of Shop / WC Kitchenette
- Average £10k weekly sale
- Includes all fixture fittings / Freezers etc
- Gas Central Heating Windows double glazed
- Ground floor (approx 1265 sq. Ft) includes shop front and rear indoor space
- Shop Front Size (16'.4" Wide X 28'.4" deep)
- Rent £36k per year including Business Rates
Property description
Running Business For Sale with 3 Bedroom Maisonette - 11 years lease to assign (Renewable)
Shop with 3 bedroom Maisonette
Features:
- Running Business (Raw Fish) For Sale including lease and 3 Bedroom Maisonette (Premium £160k)
- Commercial Unit with Ground Floor Shop Front (Corner Property)
- First / Second Floor Three Bedroom Maisonette.(rental income £30k per year)
- Storage space at the Back of Shop.
- Includes all fixture fittings / Freezers etc
- Gas Central Heating
- Windows double glazed
- Situated at a busy spot on Barking Road opposite Town Hall
- Business Rates included in Rent
- Ground floor (approx 1265 sq. Ft) includes shop front and rear indoor space
- Shop Front Size (16'.4" Wide X 28'.4" deep)
Tenure: Approx. 11 years lease to assign (renewable).
Further Details:
Incomes:
Rental for maisonette : £30k per year
Sale: Weekly Sale Average £10000.00 (Approx. £520k Per Year)
Potential rent from office at rear (£12k Per Year) Access from side road
Expenses:
Premium:£160k Negotiable (One off)
Lease Rental including business rates : £36K per year (Shop and Maisonette including rear space)
Staff Wages: £62K Per Year
Bills £57K per year
East Ham is well populated area in East London, this business is located to have a large footfall for the infamous ethnic shops. East Ham Underground Station is ten minutes walk away and the Olympic Stadium and Stratdford International Train Station 20 minutes bus ride. The whole area is on the rise with a massive regeneration project which has been well underway.
This is a fantastic opportunity to acquire a unique running business on the very busy spot opposite Town Hall. The property is located well laid out retail space on the ground floor (approx 1265 sq. Ft) This unit presents a fantastic opportunity for both an established brand and developing it further
Please contact us to view this property on Letting and Admin fees : £7500.00 (includes VAT)
Property info
For more information about this property, please contact
Property Link, IG1 on +44 20 3463 2540 * (local rate)
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.