Wood Lane, Dagenham, London, RM8

££180,000

Retail Property - High Street For Sale

BTC is a delight to offer this Convenience and Post Office business!

LOCATION:
Long well-established business for 40 years and running successfully with the current owner for the past 28 years is located on a corner position in DAGENHAM, with Plenty of schools and colleges nearby. This business has good footfall and excellent visibility. It's a convenient stop for both locals and passersby. It's just a mile away from the train stations and bus stops.

Genuine Retirement Sale.

OVERVIEW:
With years of service, the business had earned a good reputation as a reliable and wide customer base, The shop is an excellent proposition for an owner-operator, It has become a neighbourhood fixture, offering convenience and essential products to the surrounding residents and businesses.

Parking: Lots of off-street parking.

Potential:
The shop mainly sells D.I.Y. products at the moment, but there is a lot of potential for growth as currently there is no alcohol, no coffee machine, no cigarettes, no lottery & Pay Point so new buyers can add all these services. They can also introduce Coffee machines, Slush Machine, UPS parcel services, Phone repair kiosks, and fresh vegetables to attract more sales.

Turnover: £2000 Per Week

Post office commission - £60,000 Per Annum

Rent: £25k per annum

Rates: Small Business rates relief

Tenure: Leasehold

Shop Size: 1200 sqft Approx. Floor Space, 200 sqft Approx. Storage Space

Trading Hours:
Monday to Friday: 9:00 AM to 5:30 PM
Saturday: 9:00 AM to 1:00 PM
Sunday Closed.

Additional Potential: Oncoming buyers can increase the trading hours which will help to boost the sales even further.

The business is marketed for the goodwill of £180,000 plus Sav (it including all the fixtures and fittings.)

For further information, please contact the BTC Commercial and Investment team on 0208 889 7474 or commercial@btcint.com.

Tenure: Please confirm with BTC Group Limited Commercial whether this property is freehold or leasehold

Brochure

No floorplans available for this property

No EPC available for this property

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Office Details

BTC Commercial
164-166 Bowes Rd
Arnos Grove
London
N11 2JG

02088897474
commercial@btcint.com

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