Hoe Street, London, E17

Home Connect Estates are pleased to offer this well-established grocery and off-licence shop located on the highly sought-after Hoe Street in Walthamstow - a bustling area with excellent foot traffic and a strong local customer base.

The business currently achieves weekly sales of £5,000-£5,500, with additional income from a PayPoint terminal and parcel collection service generating approx. £70/week in commissions. An application for Oyster card top-up is already in process, offering further income potential.

The shop benefits from a low monthly rent of £1,600 and no business rates, making it ideal for new or experienced operators looking for a stable, profitable setup with manageable overheads. A new flexible FRI lease is available, offering long-term security and adaptability to suit your business plans.

Located in a densely populated residential area with excellent transport links and close proximity to Walthamstow Central, the shop is surrounded by complementary businesses and benefits from strong daily footfall.

Size:
15.41m x 3.6m
including;
Cool room: 1.75m x 2.20m
Office: 2.1m x2.7m
Storage: 7.2m x 3.6m

Possession:
Upon completion of the legal formalities

Legal Costs:
The ingoing tenant is responsible for the legal costs

Please note:
While we endeavour to make our advertisement accurate and reliable, prospective buyers are advised to use the information given including measurements for guidance purposes only. Home connect estates do not test any appliances or guarantee efficiency. This advertisement is issued in good faith but does not constitute representations of fact or form part of any offer or contract. The matters referred to in this advertisement should be independently verified by prospective buyers/tenants.

Accommodation
Ground floor commercial (shop) with class E use. Open plan unit with a small Storage, office and WC to the rear.

Terms
We understand that it is a flexible new lease with 5 year rent review.

Premium
The client is seeking a premium of £65,000, which includes the goodwill of the business.