Convenience Stores for sale in London

View the "General Store With Off Licence, News And Pound Zone For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 I love your website – you saved me so much time with my search. I've now bought a restaurant. 

Imran Ahmed (Nov 2014)
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Leasehold Price: £95,000 Price Reduced
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Business Description
An extremely well located newsagent and off licence located in a busy main shopping street in an affluent London suburb with high levels of passing trade.

The shop was refurbished at considerable cost in 2013 and relaunched with a "Pound Zone" consisting of popular household items that are sold at much improved margins relative to the previous business.

As well as counter and delivered news, off licence and Pound Zone Sales the business also receives commission on Lottery Sales, Oyster Cards, Paypoint and Hermes / UPS deliveries. 

Since the refurbishment sales and profits have increased steadily and is now being sold reluctantly as the vendor has moved on to another project.

Currently achieving adjusted profits to an owner / manager of some £80,000 per annum, with more achievable as the business continues to grow.

6 years remaining on secure lease with rent currently £30,000 per annum and rates £10,000 per annum.

This is a well thought out quality business that's immaculately presented and poised for further growth and early viewing is recommended.

Price Reduced to £95,000 for the leasehold, goodwill, fixtures and fittings, plus stock at value (circa £14-15k)

EMF Reference T31445LN


Trading Hours:
Mon - Sat 07:00 to 19:30, Sun 08:00 to 14:00

Tenure: Leasehold

Listed by: Everett Masson and Furby
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