Detached house for sale in Clockhouse Lane Collier Row Romford RM5

Sale Price: £75,000

Collier Row, RM5 3PH

Detached
-- Bed(s)
-- Bath(s)
Available

 713 Cranbrook Road, , Grants Hill
*When you call don't forget to mention Overstreet.co.uk

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Street Address

Collier Row, RM5 3PH

Property description

***Well Established; Residential Footfall; CAFE & RESTAURANT***

---Features---

- Well Established CAFE & RESTAURANT
- Trading for more than 60+ Years
- Around 500 sq ft Floor-space
- Seating up to 40 people
- Customer Toilet
- CCTV System

---Turnover---

BASED ON THE INFORMATION PROVIDED to us the estimated weekly turnover averages around £2,000 . We are further advised that the gross profit is in the region of 70%. 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 part time staff.

---OPENING HOURS---

Monday to Friday: 8.30am to 5.00pm
Saturday: 07.30 am to 2.00pm
Sunday: Closed
Sales could be increased by opening the shop early and on Sunday.

---Outside---

On Street parking (pay and display with 30mins free) in the front and rear parking for own use.

---Tenure---

We understand the entire premises are held on a secure renewable lease and a brand new lease would be agreed for 19 years at a rental of £21,500 p.a. exclusive of rates.

---Price---

ASKING PRICE INCLUDING THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS IS £75,000, 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.

Property Features :

  • Well Established CAFE & RESTAURANT
  • Trading for more than 60+ Years
  • Around 500 sq ft Floor-space
  • Seating up to 40 people
  • CCTV System
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