Business details

KRAUTUVELE LITHUANIAN SHOP REF:RB374

Business Descriptions

RIGHT BUSINESS WELCOMES TO THE MARKET KRAUTUVELE LITHUANIAN SHOP, WHICH WAS NEWLY REFURBISHED AND ESTABLISHED BY OUR VENDOR EARLY 2017. OUR VENDOR IS NOW LOOKING TO SELL THEIR BUSINESS AS THEY WANT TO MOVE BACK HOME. KRAUTUVELE LITHUANIAN SHOP IS A CONVENIENCE STORE AND DELI WITH AN ALCOHOL LICENCE, WHICH SELLS EASTERN EUROPEAN AND LITHUANIAN PRODUCTS TO MANY LOCAL RETURNING CUSTOMERS. THE SHOP BENEFITS FROM HIGH FOOTFALL AS THE AREA HAS A HIGH POPULATION OF EASTERN EUROPEANS DUE TO THE LOCAL WORK.

THE ALREADY PROFITABLE SHOP COULD BENEFIT FROM ADVERTISING AS NO ADVERTISING HAS BEEN DONE FROM THE OPENING OF THE SHOP. THE PREMISES ARE ENTERED DIRECTLY OFF THE MAIN ROAD AND INTO THE MAIN SHOP ITSELF WHICH IS SET OUT AS FOLLOWS: THE MAIN SHOP AREA HAS A SINGLE SIDED 5 TIER STAND FOR GROCERIES ETC., THERE IS SHELVING TO THE ENTIRETY OF ONE WALL, ON THE OTHER WALL THERE IS A DRINKS FRIDGE, ICE CREAM FREEZER AND A LARGE DISPLAY FRIDGE ALSO ALCOHOL SERVING SECTION. THE COUNTER IS MADE UP OF THE DELI FRIDGE AND A FURTHER DISPLAY FRIDGE. HERE YOU WILL FIND SCALES, MICROWAVE, MEAT SLICER, AND TILL. BEHIND THE COUNTER ARE MEDICINE SHELVES AND SHELVES DISPLAYING WINES AND SPIRITS.

A LOBBY LEADS TO THE STORE ROOM AND ENTRANCE TO THE BASEMENT. BEHIND THE STORE ROOM IS A FURTHER SPACE WITH ACCESS TO A STORAGE CUPBOARD, THE TOILET AND TO THE OUTSIDE BIG GARDEN. SUITABLE FOR STUDIO FLAT. * SUBJECT TO THE NECESSARY CONSENT. THE PREMISE IS HEATED AND COOLED USING AN AIR CONDITIONING SYSTEM, THERE ARE WOOD EFFECT FLOORS AND A FULL CCTV SYSTEM.

THE LANDLORD IS FLEXIBLE REGARDING RENEWING THE LEASE.

ORIGINAL LEASE LENGTH: 4 YEARS. 

REMAINING LEASE LENGTH: 2 YEARS AS OF 2019. 

RENT: £17,400 PER ANNUM.

BUSINESS RATES ZERO PER ANNUM.

 

ANY PERSONS WISHING TO DISCUSS THE SALE OR MEET THE VENDORS ARE REQUESTED TO DO SO IN CONFIDENTIALITY WITHOUT DISRUPTING THE CURRENT BUSINESS AND ITS STAFF. CONTACT SHOULD BE MAKE VIA EMAIL INFO@RIGHTBUSINESSES.CO.UK OR PHONE TO OUR CUSTOMER RELATIONS MANAGER MR JOSEPH ON 07714615076 / 02033023040 Advert Ref: RB374

 

PLEASE NOTE: THESE PARTICULARS PROVIDE A GENERAL OUTLINE ONLY. IT IS ADVISED THAT PROSPECTIVE PURCHASERS MAKE THEIR OWN ENQUIRIES. THESE DETAILS DO NOT CONSTITUTE ANY PART OF AN OFFER OR CONTRACT. ALL STATEMENTS OR DETAILS CONTAINED WITHIN THESE PARTICULARS ARE WITHOUT ANY RESPONSIBILITY ON ANY PART, TO RIGHT BUSINESS. RIGHT BUSINESS CHARGES A FEE OF £300 AS ADMIN FEE FROM PROPOSED BUYER. A HOLDING DEPOSIT WILL BE REQUIRED TO SECURE THE PROPERTY; THE DEPOSIT WILL BUY A PERIOD OF EXCLUSIVITY AND WILL BE HELD IN THE RIGHT BUSINESS ACCOUNT

Property Details

  • Size : TBC
  • Business Type : Retail Shop
  • Established Year : 2017
  • Expiry Date :

Other Details

  • Competition : NO
  • BusinessLocation : SHOP IS LOCATED ON A MAIN ROAD CLOSE TO THE TOWN CENTRE WITH PARKING INFRONT OF THE SHOP
  • Reason for Selling : DUE TO SEMI-RETIREMENT
  • Expansion Potential : YES

Operation Details

  • Staff : Full time: 1 Part time: 2
  • Trading Hours :MON – SUN: - MON – THU:- 9.00 A.M TO 9.00 P.M, FRI & SAT:- 9.00 A.M TO 9.00 P.M AND SUN:- 10.00 A.M TO 8.00 P.M

Map & NearBy

678 Romford Road, London E12 5AJ, UK, , MANOR PARK, LONDON, United Kingdom, E12 5AJ

Seller's Info

  • Seller Name :
  • Email Id :
  • Contact :

Business Address

  • Address :678 Romford Road, London E12 5AJ, UK,
KRAUTUVELE LITHUANIAN SHOP REF:RB374
  • TurnOver :WE ARE INFORMED THE TURNOVER CURRENTLY AVERAGES £2500.00 P. W TO £3000.00 P.W. IN OUR OPINION OFFERING TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.
  • Business Price :£30000.00
  • Tenure :WE ARE ADVISED THE BUSINESS IS BEING SOLD AS A LEASEHOLD OPPORTUNITY WITH THE CURRENT RENT PASSING AT £17,400.00 PER ANNUM WITH A NEW LEASE TO BE AGREED WITH THE IN-GOING OPERATOR.
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