Significant local market and no immediate
Advised takings currently £8,000 per week
Rent £19,000 per annum plus service charge £1,200
Long Terms plans locally for further development
Short Trading hours – Monday - Friday
Already profitable but potential as a convenience
store operating longer hours
Back on the market and with a reduced price due to personal reasons of the vendor *and time wasters) EM&F are delighted
to offer again for sale a leasehold five day newsagents business based in
Docklands, East London.
was sold in 2014 to the current owner the store proved immensely popular and
since then the ownership of the site has changed. Note that the lease is
outside the Landlord and Tenant Act and this is reflected in the business
the business currently operates profitably as a newsagent, there is scope to
convert this very well located outlet into a convenience store as there is
currently considerable unsatisfied demand for more convenience items locally.
lock-up leasehold premises are located on the ground floor with the double
fronted glazed exterior and with a current sales area of some 660 square feet.
Internally the premises has modern shelving with a central isle and counter to
the rear. There is potential to increase the internal sales area to nearly 900
square feet with some changes to internal walls.
range of equipment includes two EPoS till positions, 2 free standing gondolas,
a drinks chiller (on loan) 2 upright double door fridges and an ice cream
freezer. The premises has CCTV, is fully alarmed and air conditioned and there
is an internal cash dispenser.
from the busy surrounding office area the business currently sells a large
range of newspapers and magazines, greetings cards, tobacco products, sweets,
ice creams, soft drinks and a small selection of convenience products. There is
also a coffee machine.
business also has the National Lottery
£45,000 are invited for the leasehold, fixtures and
fittings, goodwill plus SAV.
This is a
confidential sale and viewings may only be made through sole agents Everett
Masson & Furby
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