£120,000

1 bed retail premises for sale

  1. Property photo 1 of 1.
Leasehold

Guide price

£120,000

1 bed retail premises for sale

Barking Road, Newham E6

1 bed
1 bath

Key Information

Tenure:
Leasehold
Time remaining on lease:
7 years
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Nelson Primary School 0.1 miles
  • Altmore Infant School 0.2 miles
  • East Ham 0.5 miles
  • Barking 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Beckton and Barking to find out more about the local area.

Features and description

  • Leasehold
  • Close to Bus Routes (including Night Buses)
  • For the motorist. Very easy access to A406 - A12 - A13 and M11
  • Presented in Ready to Move in Condition
  • Shops and amenities nearby
Premium price £120,000 A3 Category Indian Takeaway.

We are delighted to welcome to the Chutneys, a good rated and well established Indian takeaway shop in East Ham on barking road.

The business has now come to the open market due to health issues.

· Close to A406, A12, A13, M11.

· End terraced

· Very busy road

· Surrounded by many offices, shops, pubs & businesses

· Benefitting from high levels of passing trade

· Near High Street North East Ham

· Opening hours 5:00pm to 12:30am 7 days

Rent £24k
Lease Terms: 7 to 8 years, Rent review 3 years
1 Bedroom flat: £1050 pcm
Turnover £6500 per week
Gross Profit 30%

Key selling points -

- A well established business opportunity with a regular customer base
- Ideal owner managed or partnership business
- A real opportunity to increase turnover and profits significantly, the business is currently being run at a pace to suit current owner.
- Scope for further growth -

- Advertising and Marketing campaigns
- Leaflet drops within the local area
- Maximise the use of social media
- Extend the trading hours
- Create a dedicated business website
- Partnering with Uber eat, Deliveroo and other food delivery services.
- Scope of opening during lunch times
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.

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  1. Zoopla
  2. For sale
  3. London
  4. East London
  5. East Ham
  6. Barking Road

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