Convenience Stores for sale in London

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Mr & Mrs Campbell (Jan 2015)
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Leasehold Price: £65,000 Annual Turnover: £260,000
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Business Description
• Well used convenience store situated in an excellent South East London location
• Advised weekly income approx. £5,000
• Refurbished in 2015, rent £12,000 per annum
• Viewing recommended

*OIRO* Well used convenience store situated in an excellent South East London location on a busy high street with heavy footfall throughout the day and free parking. Advised weekly retail takings in the region of £5,000 plus Lotto, PayPoint & Oyster. Superb condition due to refurbishment in 2015. Close to Lambeth underground station. Fantastic opportunity. 44803

Kennington Road Mini Market is located on the main Kennington Road within the well populated area of Lambeth, South East London. The area is extremely busy throughout the day as the business is surrounded by a large number of residential dwellings, along with independent retailers and national chains, plus those using Lambeth North underground station or visiting the Kennington Oval.

The business was opened by our client in 2015 and since taking ownership, the current owner has established a regular customer base given the location and continual footfall, such is the main road which benefits from various bus routes, one of which is almost directly outside the shop. We have been advised by our client that since their acquisition in 2015, the business underwent a complete refurbishment program in order to provide the current set up which now includes modern fridges, energy saving lighting and an Epos till system.

The store retails an extensive range of soft drinks, beers and wines all of which are all displayed in modern chillers and good quality shelving. The business also stocks a good selection of everyday goods plus confectionery, newspaper and magazine titles, dairy products, frozen and convenience foods and a small selection of greeting cards.

This store is a thriving and highly lucrative business, yet still offers terrific scope for future growth and would therefore ideally suit an energetic family unit, who can develop the business to its true potential, which will undoubtedly increase the weekly sales, whilst ultimately enhancing the overall profitability.

Summary. A fantastic opportunity to purchase a successful, thriving business situated on a main road in Lambeth, South East London, close to the Kennington Oval and Lambeth underground station.

A viewing is highly recommended to fully appreciate the quality of the premises, the overall location and the business opportunity.
Tenure: Leasehold

Listed by: Kings Business Transfer
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KBT44803
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