Convenience Stores for sale in East London

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 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £140,000 Weekly Turnover: £12,000
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Business Description
SPACIOUS DOUBLE FRONTED SALES SHOP, non-slip tiled floor, suspended ceiling with concealed lighting. Counter, 2 electronic cash registers, 1-5m open cool display unit (used for soft drinks, wines & beers), 1 3-tier ice cream deep freezer, 1 additional ice cream deep freezer, 11 greeting card display stands with drawers, modern adjustable shelving etc.

Basement used as a stockroom plus staff w.c. & wash hand basin.

Turnover : £12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £650 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £240 p.w. The business also has Oyster which we understand provides a further commission of £340 p.w. The business also has the advantage of an external ATM machine which we understand provides a further revenue of approximately £200 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 10 p.m.


Number of Employees:

The business is at present operated by the vendor with the assistance of 1 full time & 2 part time staff.

Tenure: Leasehold

Location Details:

Situated in a parade, High Street position, busy commercial & residential area, E LONDON

Listed by: Nationwide Businesses Ltd
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C8699
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