Hunters are pleased to offer the sale of this running business trading as a local newsagent situated close to the famous Roman Road Market E3. This corner property opportunity offers ample scope to develop the business further and benefits from 1st floor accommodation with separate access. A viewing is highly recommended to avoid disappointment.
Current turnover: £7500 - £8000 per month as advised by the current tenant.
Lease assignment of 16 years from July 2017
Rent Review: Every 4 years
Current rent payable: £23,750
Incoming tenant is liable to pay: Agency fees and landlords legal costs for assignment.
The current tenant will cover his own legal fees in connection to the sale.