Convenience Stores for sale in East London

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 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Leasehold Price: £135,000 Weekly Turnover: £12,000
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Business Description
SINGLE FRONTED SALES SHOP in the region of 500 sq. ft. sales area with non-slip floor, suspended ceiling with fluorescent lighting. The equipment includes counter, electronic cash register, ice cream deep freeze (owned), 2 glass topped chest deep freezes, large open cool display unit, modern adjustable shelving, centre display gondola etc.

Large basement used for storage purposes
Staff cloakroom with w.c. and wash hand basin.

Turnover : £12,000 p.w. wholesale newsbill £400 p.w. We are further advised that the gross profit is in the region of 25%. In addition the business has Paypoint and we understand this provides a further income of approx. £50/£60 p.w. The business also has Oyster and we understand this provides a further income of approx. £80/£90 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION (£45,000/£50,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
7 a.m. - 10.30 p.m. seven days per week


Number of Employees:

The business is at present operated by the vendor with the assistance of family help plus 1 part time staff at weekends.

Tenure: Leasehold

Location Details:

Situated in a parade, residential area, EAST LONDON

Listed by: Nationwide Businesses Ltd
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G7148
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