Guide Price £75,000 Available
  • A1 USE
  • CASH MACHINE
  • NEW LEASE TO BE NEGOTIATED
  • PARKING
  • CLOSE TO CENTRAL LINE STATION
  • PREMIUM REQUIRED WITH OR WITHOUT STOCK
  • ALCOHOL LICENCE
  • PROMINANTE LOCATION
  • STORAGE
  • PREMIUM REQUIRED EXCESS OFF £75,000

LOCATION: The Premises is located on a prominent location on High Road Woodford Green, the return frontage stands out within the parade of shops within this locality. Known as the WINE MILL it is served well with local transport, South Woodford Central Line station is within walking distance as is Woodford Central line station. Parking locally is good and this popular and busily part of Woodford Green as many established shops with a continues Footfall Day & Night.

DESCRIPTION: The Wine Mill has been established for 5 years and has a friendly family feel to it, serving the local area and building a good and trusting reputation. Whilst having, if not the most prominent shop presence in the area sharing the spoils with local established Restaurants,Retail shops,Hair stylist and other local trades.
Allen Davies have been advised that the current shop turnover is approx £4000 - £5000 per week and the Cash Machine generates approx£3,500 - £4000p.a. We believe this is a great opportunity to take over a well established business in a popular and affluent area.

USES: A1

LEASE: Full repairing and insuring lease, with 5 year lease being renewed this year, for a term to be agreed.

RENT: £17,000p.a

PREMIUM: £95,000 with stock or £65,000 with out stock

BUSINESS RATES: We have been advised that the current rateable value for the shop is £6,200p.a. We do advise all interested parties to make their own enquiries with the local authority.

DIMENSIONS: Approximate Shop/Retail Area: 889sqft/83sqm
Storage Size Approx: 331sqft/30.8sqm

LEGAL COST: In going tenant to bare the cost of all legal fees

REFERENCE FEE: Allen Davies have been advised by our Vendors/Landlords that all interested parties will undergo a reference check, fees are not refundable.

VIEWING: Strictly by prior appointment through Allen Davies Commercial Department on 020 8539 2121.

REFERENCE CHARGE: Allen Davies charges a fee of £250 plus VAT for taking up references

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.