Property description

Ranson UK are proud to present this large double fronted commercial unit with a basement, located in a prime location on High Street Plaistow. This newly refurbished off licence/ grocery is a well established business, with a good footfall and an excellent weekly turnover.

The premises is A1 licensed and has permission for late opening hours, further benefits of a night pay window, alcohol licence, cash machine, general groceries, Pay Point, Lottery, large store room, fitted CCTV and Alarmed.

High Street Plaistow is located off the A112, within short walk from Plaistow station. The local area is residential based with a high footfall of local residents passing through. A short bus ride away from Newham General Hospital and the A13.

Accommodation

Ground floor:

Back store room approx: 147 sq ft

Shop floor approx: 704 sq ft

Basement approx: 850 sq ft

Total size approx: 1700 sq ft

Lease Term/Commencement

Our client wishes to assign an existing lease with 16 years remaining ‘Inside The Act’.

Rent reviews are every four years.

Business rates

£5,976 pa.

Asking Price

£80,000 Premium

Legal Fees/Cost

Each party are to bear their own legal costs.

Additional information

Option to purchase stock subject to valuation.

Opening hours:

Monday to Thursday 7.00am – 1.00am.

Friday to Sunday 7.00am – 2.00am 

Viewings

By prior appointment through Sole selling agents Ranson UK LTD.

Email: enquiries@ranson.co.uk

Tel: 0207 538 4057

Ranson UK Limited their clients and any joint agents give notice that:

1. They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Ranson UK Limited have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Property Features :

• HIGH FOOTFALL LOCATION
• GOOD TRANSPORT LINKS 5 MINUTE WALK TO PLAISTOW STATION
• NEWLY REFURBISHED OFF LICENCE
• LOW RENT
• ATM MACHINE