Commercial Property for sale in Romford, RM5
Clockhouse Lane, Collier Row, Romford, RM5£72,500
Agent details
This property is listed with:
Full Details for Commercial Property for sale in Romford, RM5 :
Full description
Tenure: Leasehold
---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.
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