Oltenia Traditional LTD

  • 150,000
9-11 Cherrydown Avenue, London, England, United Kingdom
For Sale
9-11 Cherrydown Avenue, London, England, United Kingdom
  • 150,000

Business Overview

  • Convenience & Grocery Stores
  • Business Category

Business Details

  • Price: 150,000
  • Business Category: Convenience & Grocery Stores
  • Business Status: For Sale

Business Description

Attractive A1 Licensed Bakery and Off Licence Shop situated next to eachother.

READY TO MOVE INTO! A fantastic opportunity to let this A1 Bakery and Off Licence Shop, brilliantly located in Chingford Mount, benefits built up reputation within Chingford and surrounding areas. Each premises boast approx. 700 sq ft. 

PREMIUM: £150,000 RENT: £1,000 (Bakery) per month (£12,000 per year), £1250 (Off Licence) per month..

Turnover between £350,000 Per Year.

Established as an European Retail Shop, and French Themed Bakery. 

Bakery consists of ovens, refrigeration units, ventilation and every necessary piece of equipment to open.. Air conditioning/heating unit. 

Location:

Brilliantly situated on Excellent main road trading position, Chingford Mount, with mixture of shops, cafes and great public transport, opposite to a bus stop. Available Parking area and loading area.

Bakery Features:

SINGLE FRONTED Bakery with authentic floor’s tiles, indoor and outdoor lighting.

LEVEL KITCHEN with tiled floor, stainless steel extractor, Electric cooker, Electric Ovens, 2 Storing Refrigeration Unit, Refrigerated Display Unit, Drinks Fridge, Shelving unit throughout retail space, 2 large sinks & drainer plus 1 small single sink etc.

Shop Features:

Single Fronted Off Licence shop with floor tiles and indoor lighting.

2 Large Refrigeration Units, 3 Refrigerated Displays, 1 large Drinks Fridge, Refrigerated Storage Room, Shelving present throughout the shop, storage area.  

Price:

£150,000

Lease:

Assignment of existing lease (Bakery), 10 years from June 2017. 

Assignment of existing lease (Shop), 15 years from June 2008. 

Legal costs: Each party to be responsible for their own legal costs incurred in the transaction. 

Viewing: By appointment only

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