Wood Lane, Dagenham, London, RM8

££110,000

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: £20,000 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: Currently the shop closes at 5:30 PM, which is very easy working hours. So oncoming buyer can extend the hours which will help to boost sales and make the business more profitable

The business is marketed for the goodwill of £110,000 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

Utilities

Electricity Ask Agent
Water Ask Agent
Heating Ask Agent
Broadband Ask Agent
Sewerage Ask Agent

Rights and Restrictions

Private rights of way Ask Agent
Public rights of way Ask Agent
Restrictions Ask Agent
Parking Ask Agent

Risks

Flooded in last 5 years Ask Agent
Flood Defenses Ask Agent
Source of Flood Ask Agent

Arrange a viewing

Use this form to request specific information about this property or to arrange a viewing

Office Details

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

02088897474
commercial@btcint.com

Make an Offer on this Property

If you are interested in this property you can make an offer today.