- 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:
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Summary
- 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.
Business description
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 information
- 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
Other information
- 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.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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