Summary - 41A, OLD CHURCH ROAD E4 6SJ
1 bed 1 bath Commercial Property
**Standout Features:**
- Established jewellers and jewellery repair business in operation for approximately 50 years
- Prime location on a busy London High Street
- Strong annual turnover of approximately £130,760 with net profits exceeding £51,000
- Stock valued at around £25,000, with excellent potential for online sales
- Well-maintained premises with air conditioning, display cabinets, and essential amenities
**Notable Concerns:**
- Commercial property is leasehold, requiring consideration for lease terms
- Local area has above-average crime rates
- Building lacks insulation, which may impact energy efficiency
This commercial jewelery shop in Chingford Mount presents an incredible opportunity for both seasoned investors and budding entrepreneurs. Nestled in a bustling shopping area, the shop boasts significant foot traffic that has contributed to its long-standing success. With a solid annual turnover and established clientele, the groundwork is laid for continued growth and success—particularly with the potential to expand into online sales.
The property features a well-designed sales space with ample display cabinets and includes necessary facilities such as an office, workroom, and kitchenette. Although the premises operate on lease and face some challenges with insulation and local crime rates, the business's robust profitability and prime location significantly outweigh these concerns.
Don’t miss the chance to acquire a thriving business with a rich history and tremendous future potential, waiting for its new owner to step in and elevate it further. The time to act is now; such prime commercial listings do not last long on the market!
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