Withdrawn

Property available on: 25/11/2014

• Large double fronted shop
• Close to Canary Wharf
• Alcohol license
• Parking area
• Large counter
• Office area

This is a great opportunity to acquire a large double fronted A1 Shop very close to the Canary Wharf area in the London Borough of Tower Hamlets (Poplar), currently trading as convenient store. It was previously used as a Grocery Shop and butcher. The Lease also benefits with an Alcohol License. It is located few minutes away from Canary Wharf. Well-known brands, such as Ladbrokes (few doors away), and, other shops (retail, bars, restaurants, supermarkets) are very close-by.

The site consists of a large ground floor space. The ground floor benefits are double frontage, large counter, cigarette units, lottery machine and signs, toilet, ample storage rooms, freezer room, office area, and parking area at the back with back entrance.


ACCOMMODATION

The Unit is arranged as follows:

Ground Floor
Width/Frontage: 35.32" approx.
Depth: 53.48" approx.
Height: 9.50" approx.

TOTAL AREA: 1888.91 sq. ft. (approx.)

TENURE

Leasehold/Lease Assignment - £17,000 per annum.
Our client wishes to assign the lease which has 8 years remaining.

PREMIUM

Our client seeks a premium of £70,000 for the benefit of goodwill, fixtures and fittings. Our client has informed us that they have a large value in stock, CCTV, Alarm, Freezer Room, late Alcohol Licence, fixtures and fittings and goodwill. Leaseholder can show receipts to demonstrate this.

RATES

we have been advised that the rates payable are £4,900. However, interested parties are encouraged to make their own enquiries with the Local Authority.