1 bedroom Commercial Property for sale in High Road Chadwell Heath Romford RM6

Sale Price: £50,000

High Road, Chadwell Heath, Romford

Commercial Property
1 Bed(s)
-- Bath(s)
Available

 713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2
*When you call don't forget to mention Overstreet.co.uk

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Street Address

High Road, Chadwell Heath, Romford

Property description

Full description

Tenure: Leasehold

***Well Established; Main High Street; Roasted, Peri Peri Chicken & Pizza***

---Features---

- Well Established Italian Express
- On Main High Street
- Small chiller room
- Large Oven & Gas Cooker
- Staff WC
- Including One Bedroom Flat above the shop



---Turnover---

BASED ON THE INFORMATION PROVIDED to us the estimated weekly turnover averages around £2,500 to £2800 . We are further advised that the gross profit is in the region of 65%. The business also has the potential to increase turnover by opening early morning and 7 days.
---Staff---

At present the shop is operated by the vendor with the assistance two more staff.

---OPENING HOURS---

Sunday to Thursday: 16.00pm to 12.00am
Friday to Saturday: 16.00pm to 1.00am

Sales could be increased by opening the shop early

---Outside---

On Street parking (pay and display)

---Tenure---

We understand the entire premises are held on a secure renewable lease and a new lease would be agreed for 15 years at a rental of £19,500 p.a. exclusive of rates and including one bedroom flat will be vacant ( rental income of £850 pcm )

---Price---

ASKING PRICE INCLUDING THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS IS £50,000, plus STOCK AT VALUATION.

EARLY INSPECTION IS HIGHLY RECOMMENDED

---Viewing---

Strictly through RAM Estate Agents. Call Us for more information or to schedule a viewing straight away.

FEES APPLY


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