Let agreed
Property available on: 09/03/2015
- 24 Hour Alcohol License
- Located in Hackney Central
- Well Street Located few hundreds yards from Property
- Oyster and Phone Top Up
- CCTV Operation
- Business Generating £4,000 per week
We are proud to present this fantastic Lease for an A1 retail off licence property located on the popular area of Mare Street Hackney.
Situated in the centre of Hackney with Hackney Central only located a short 8 minutes away from the property it boasts a high healthy flow of footfall which passes the property generating great business. Situated in a prime location the property also has a number of several smaller stations in and around the area such as Cambridge Heath, London Fields and Bethnal Green Station all walking distance from the property. The popular Well Street and Victoria are also located a few hundred yards from the property which proves to attract a large flow of people towards this property, especially during the summer season when many festivals and events are being held locally.
A spacious A1 retail off licence this property is currently being occupied as a convenient store with over £25,000 worth of stock available. Split between 2 floors; a large basement measuring at 350.30 sq. ft. (approx.) which can easily be used as storage space and a large shop floor/ground floor measuring in at 421.09 sq. ft. (approx.) in total the property boasts 771.39 sq. ft. (approx.) in total. The Shop front boasts 16.62 ft. ensuring great visibility. As a successful running business the property generates £4,000 per week. The business benefits from a 24 Hour Alcohol License and Opening License, Oyster machine, Phone Top Up and a complete CCTV system maintaining security of the premises. Currently the property has a rental figure of £13,250. Our client seeks a premium of £65,000 for goodwill, fixtures and fittings as well as the large array of stock.
Accommodation
Basement: 21.36 ft. x 16.4 ft.
Sub-total: 350.30 sq. ft. (approx.)
Ground Floor/Shop Floor: 25.17 sq. ft. x 16.73 ft.
Sub-total: 421.09 sq. ft. (approx.)
TOTAL: 771.39 sq. ft. (approx.)
TENURE
Lease Assignment - Our client wishes to assign the lease with 4 years remaining. The lease in question is an open renewable lease.
Premium
Our Client seeks a premium of £65,000 for goodwill, fixtures and fittings also with stock included.
Rent
The Rent is currently £13,250.
Rates
We encourage interested parties to make their own enquires with the local authority.
Legal Fees
The incoming tenant is to bear all legal cost including the sellers.
