Full details for Shop For Sale in Forest Gate, Upton Park
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Description
Prime Investment Opportunity: Established Sweet Shop in Forest Gate, LondonOverview:
Seize a unique and lucrative investment opportunity in the heart of Forest Gate, London. This established sweet shop, strategically located on Green Street, is now available for discerning investors.
Key Features:
Location: Situated in the dynamic neighborhood of Forest Gate, this sweet shop enjoys high foot traffic and a diverse customer base.
Premises: The property features a newly refurbished basement area, ideal for expanding the business, whether as a restaurant extension or a well-organized stockroom.
Lease Terms: A favorable lease term of 6 to 7 years with periodic rent reviews (every 5 years) provides stability and the opportunity for fair market adjustments.
Financials: The annual rent is competitively priced at £22,000, while rates amount to a manageable £10,000 per year.
Profitability: Boasting a consistent weekly turnover of £5,000, this sweet shop has a proven track record of success and customer loyalty.
Ramadan Opportunity: Leverage increased business during the holy month of Ramadan for additional revenue.
Investment Details:
This is a rare chance to acquire a profitable business with a strong market presence. Whether you are a seasoned entrepreneur or a savvy investor, this opportunity promises long-term growth and stability.
For a comprehensive investment prospectus and to schedule a private viewing, please contact us.
Misrepresentations Act: Property Link for themselves and for the vendors/lessers of the property whose agents they are, give notice that: 1. The particulars are set out as general outline only for the guidance of intending purchasers/lessees and do not constitute, nor constitute part of an offer or contract. 2. All descriptions, dimensions, references to conditions and necessary permissions of use and occupation, and other details are given in good faith and are believed to be correct, but any intended purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each. 3. No person in the employment of Property Link has any authority to make or give any representation or warranty whatsoever in relation to this property.
