Property description
Ranson UK is proud to present this ground floor retail located on busy High Street! The unit is positioned opposite West Ham football stadium and next to the Boleyn Cinema, Tesco Express and Post Office. The retail unit is in very good condition and comprises of ground floor, basement and rear yard. The shop is open 7 days a week from 9am to 11pm and benefits from CCTV system, alarm system, air-condition and high footfall. We have been advised by our client that the weekly income is approximately £7,000 to £8,000.
This busy high street is renowned by its great footfall. The property is only 5 minutes away from Upton Park station (District Line, Circle Line, Hammersmith and City Line) providing easy reach to Central London and The City. The local area offers an excellent selection of amenities as the shops, bars and restaurants.
Accommodation
Ground floor unit:
Width/Frontage: 23” approx
Depth: 60“approx
Ground Floor size: 1,380sqft approx
Basement:
Width/Frontage: 20” approx
Depth: 22 “approx
Basement size: 440sqft approx
Total accommodation size: 1,820sqft approx
Tenure
Leasehold/Lease Assignment – £11,700 per annum.
Our client wishes to assign the lease which has 18 years remaining.
Our client advised us that the shop weekly income is approximately £7,000 to £8,000.
Premium
£75,000
Legal Fees
Each party are to bear their own legal cost.
Rates
Interested parties are encouraged to make their own enquiries with Borough of Newham.
Viewings
By Prior Appointment through agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057
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Property Info: