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.
 

 Thank you Daltons for understanding our franchise and providing several years of a professional and helpful service. 

Amy Cross, Spoton.net (July 2016)
View More
Leasehold Price: £89,500 Weekly Turnover: £5,500
Request Details
Business Description
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.

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

• ACCOMMODATION INCLUDED

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.

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.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure
Tenure: Leasehold

Number of bedrooms: 2

Listed by: Nationwide Businesses Ltd
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

G4823
Seller Reference:
Bookmark and Share
You May Also Like...
loading...