Buy a Profitable Self Service Convenience Store Full Free Off Licence business for sale in East London on BusinessesForSale.com

  • Listing ID: 906947
  • (Seller ref: G5547)

Profitable Self Service Convenience Store Full Free Off Licence For Sale


Location:
  • UK
  • > East London
Category:
Type:

Listed by:


Asking price:
£70,000
Turnover:
£364,000
Net profit:
Available on request
Employees:
The business is at present operated by a husband and wife team with the assistance of 1 full time staff.

No image available

SINGLE FRONTED MEDIUM SIZED SALES SHOP with electric shutters, tiled floor, counter, electronic cash register, modern adjustable shelving, 2 open cool display units (owned), 1 upright single door drinks display fridge (on loan from Coca Cola), 1 upright double door drinks display fridge (owned). CCTV system including 3 cameras plus 1 monitor.

Stockroom
Staff cloakroom with w.c. and wash hand basin
Staff Kitchen


Property:
Leasehold
Lease terms:
We understand the shop premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £11,440 p.a. for the next 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £2,100 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION
Living accommodation:
As an optional extra there is a SELF CONTAINED MAISONETTE over, which is available on a shorthold tenancy at a rental of £175 p.w. (We understand the accommodation can be incorporated into the lease with the additional rental, if desired). The Self Cont
Location:
Occupying a corner position, end of terrace, excellent main road trading position, residential area, LONDON, E

Expansion potential:
WE ARE INFORMED the turnover averages £7,000 p.w. Gross profit 20% approx.
Reasons for selling:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£20,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Trading hours:
Monday - Saturday inclusive - 8 a.m. - 11 p.m.
Sunday opening - 9 a.m. - 10.30 p.m.
Financing available:
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

related resources

Post your comments and questions in the Forum >>

View all the resources you need to get through the buying process in Don't Dream It. Do It. >>

Other buyers need finance to buy a business like this in Finance Wanted >>

selling your business?

If you own a business and are considering selling, visit our Sell a Convenience Store section.


BusinessesForSale.com recommends
  • HOW TO BUY A GOOD UK BUSINESS AT A GREAT PRICE
  • 100s of strategies & techniques to help you find & buy the right business.
  • Buy a good business for a great price
  • Click here for more

  • BUSINESS ADVICE BUREAU
  • Find the best finance for your business purchase. There is no need to mortgage your house to live your dream. We explore every avenue possible to provide you with the funding you need.
  • Smart Business Finance with Business Advice Bureau
  • Click here for more
  • GET PROFESSIONAL INDEMNITY INSURANCE
  • Professional Indemnity Insurance (PI) is designed to protect your business from financially devastating and often reputation-damaging claims made by dissatisfied clients.
  • More Than
  • Click here for more information

Advertisement


Change country Close

If you haven't been brought to the right country version of our site please select the correct one below: