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Stoke Newington Road, Stoke Newington, London N16

Guide Price: £55,000 - £65,000
Status: Available

LONG ESTABLISHED BUSINESS. 1,275 sq ft of A1 unit space available with a new 15 year lease. Conveniently positioned close to both Dalston and Rectory Road Stations. Call Estateology today for further information regarding this exciting opportunity and to book your exclusive viewing slot.

Key Features

  • A1 usage
  • Approx 1,275 sq ft
  • Rates £5,862 PA
  • Rent £13,200 PA (1st 2 years)
  • High Street Location
  • Arranged Over Two Levels
  • Premium / Goodwill: £55,000 - £65,000
  • Fixture and Fittings Included

Guide Price: £55,000 - £65,000

Excellent opportunity to acquire this well established Butchers / Grocers business with 15 year lease of this visible and prominent single fronted A1 unit spanning circa 1275 sq ft in size. Located along a busy high street offering great access to both Dalston and Rectory Road stations respectively.

Arranged over ground floor and basement, the premises features a spacious shop floor area, a large basement area used for storage, cold room, staff area and WC. Available on a 15 year lease, the property also has scope for other uses subject to necessary permissions. Call Estateology today for further information regarding this exciting opportunity.

Single fronted premises with tiled flooring & fully equipped including, cool display serve-over counter, electronic cash register, 1 electronic scales, 2 butchers blocks, open cool display unit (used for soft drinks, yogurts etc), 2 deep freezers, walk-in cold-room etc.

Turnover:

£5,500 - £6,500 p.w. approx. Potential to increase significantly, Call to discuss further.

Goodwill: £55,000 - £65,000, Rates: £5,862.

New Lease Assignment, Each party to bear their own legal costs

Shop Floor: 23'49 x 12'45 and 27'74 x 16'48

750 sq ft approx, tiled flooring throughout, stairs leading to the lower basement areas. Various lighting and power points.

Basement: 34'87 x 16'45

525 sq ft approx, wooden stairs leading to concrete flooring throughout, exposed brick work, plasterboard ceilings with light fittings, various power points throughout.

Staff Area:

Small kitchen, staff cloakroom with WC - Wash hand basin, low-level flush W/C, light fitting.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION

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