Convenience Stores for sale in East London

View the "Convenience Store and Off Licence in East London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £89,500 Weekly Turnover: £5,500
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Business Description
• ACCOMMODATION INCLUDED

Spacious double fronted sales shop approx. 16ft frontage x 50ft depth, all modernised and refurbished approx. 5 years ago.

Ceramic tiled floor. The equipment includes counter, electronic cash register, center display gondola, all modern adjustable display shelving, 2 open cool display units (on loan from Coca Cola), 2 upright double door glass fronted drinks fridges (owned), 2 large glass sliding topped deep freezes (owned), open cool display unit (used for milk, orange juice, water etc). CCTV system with 5 cameras, 2 monitors plus video.

Kitchen area
Staff cloakroom with w.c. and wash hand basin (space for shower if desired)

To the rear of the shop is a large garage, recently built, ideal for storage purposes..

Turnover : in the region of £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 24% approx. Phone Top-Ups bring in an additional income of £100 per month

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
10 a.m. - 10 p.m. seven days per week


Number of Employees:

The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 2 part time staff employed.

Tenure: Leasehold

Number of bedrooms: 2

Accommodation Details:

The accommodation in the form of a SELF CONTAINED FLAT over, is at present let on a shorthold tenancy and provides a rental income of £175 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

In addition there is a rear workshop which is let and provides a rental income of £75 per week.

Location Details:

Occupying a corner position, main road trading position, densely populated and residential area, LONDON (EAST)

Listed by: Nationwide Businesses Ltd
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G4823
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