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Retail premises for sale

£29,995

76 High Street, Hornchurch RM12

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Property description

Business
Our client is also selling Herb China Croydon, reference 14555 i.

Hilton Smythe are delighted to present Herb China (Hornchurch) to the open market, established by our client in 2011 who has now decided to sell to allow him to concentrate on other business interests.

The successful business offers a range of alternative remedies from loose herbs, natural medicines, massage treatments and acupuncture. The natural answer to many common ailments from arthritis, back pain, frozen shoulder, sports injuries and rheumatism to internal conditions such as Asthma, migraine, high blood pressure, high Cholesterol, diarrhoea, ulcers and nausea. Skin conditions such as eczema, warts, hair loss and head lice. As well as Hormone and beauty including infertility, fibroids, menopause, weight loss, mental and emotional conditions from anxiety, depression, poor fatigue, ear, eye, nose and throat and addictions.

The business is split 50% from loose herb sales and 50% from massage and acupuncture treatments.

A full handover period will be offered.

The business could run as is currently or ideal to add more services and treatments in the rear unused rooms which could be rented out separately to earn additional rental income.

Location
Herb China occupies a highly visible trading position on the High Street in Hornchurch, Havering, London. The business sits on the cross section of the High Street and Billet Lane.

The business is well positioned with other major high street brands such as Superdrug, Argos, Costa, Card Factory, Coral and banks such as Halifax. It also faces the towns busy Sainsbury's supermarket which includes a large free customer car park.

Hornchurch is a suburban town in the London borough of Havering, east London and 15 miles northwest of Charing Cross, nearest mainline station is Emerson Park.

The town is accessed from the cross-country link road A12 which connects Essex to central London.

The business is less than 2 minutes’ walk to the main bus station, several metered car parks including free shopping carpark directly in front.
Premises
A large shop unit with many options of use, the shop unit is split between an open plan front retail space and rear treatment rooms –

Retail space - left side herb display shelving, 2 consultation desks, till, card machine.

Shower room/toilet.

Storeroom.

Kitchen includes washing machine and sink.

Large second stock room, office or additional treatment space.

4 treatment rooms, each with massage bed and heat lamps.

Customer toilet.
Tenure
The business is offered as a Long-Lease.

Original lease length 30 years.

24 years remain as of 2017.

Rent £30,000 per annum.
Hours
The business is open 10am – 6pm 6 days a week.
Staff
The business is run and managed by our client with the help of 2 part time members of staff
financial profile
The turnover as of the 2016 accounts was circa, £79,576, with a gross profit of 74%.

What Zoopla users think of Hornchurch

Overall rating:

  • currently 4.5 stars
Very good - 87% (200 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
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  • currently stars
Parks & recreation
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  • currently stars
Schools & public services
  • currently stars
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  • 1
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  • 4
  • 5
Restaurants & shopping
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  • 1
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  • 5
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Nearby transport

  • Emerson Park (0.5 miles)
  • Hornchurch (0.6 miles)
  • Upminster Bridge (0.8 miles)
  • London City Airport (8.0 miles)
  • London Southend Airport (20.6 miles)
  • London Stansted Airport (22.3 miles)
  • Woolwich Arsenal Pier (7.8 miles)
  • Woolwich Ferry North Pier (8.1 miles)
  • Woolwich Ferry South Pier (8.1 miles)

Nearby schools

View all schools in Havering
  • Langtons Junior Academy (0.2 miles)
  • Langtons Infant School (0.2 miles)
  • Towers Junior School (0.5 miles)
  • Havering Sixth Form College (0.7 miles)
  • Havering College of Further and Higher Education (1.3 miles)
  • Barking and Dagenham College (1.8 miles)
  • Olive Ap Academy - Havering (0.4 miles)
  • The Albany School (0.8 miles)
  • Abbs Cross Academy and Arts College (0.8 miles)
Note: Distances are straight line measurements

Local info for Havering

About the neighbours in RM12

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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