Convenience Stores for sale in East London

View the "CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE with POST OFFICE LOCAL in EAST LONDON" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE with POST OFFICE LOCAL in EAST LONDON

East London, London, England

  • Leasehold Price: £145,000
  • Weekly Turnover: £6,200
Seller Reference: F8613
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Business Description
 
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Seller Reference: F8613
Request Details
Business Description
WELL FITTED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE with POST OFFICE LOCAL

SPACIOUS SALES SHOP probably in the region of 700 sq. ft. sales area with lino non-slip floor, suspended ceiling with lighting & well equipped including retail counter with electronic cash register, post office combination counter, 1-3.75m open cool display unit, 1-1.15m open cool display unit, 1 double door glass fronted display deep freezer, ice cream deep freezer, modern adjustable shelving etc.

Stockroom
Staff w.c. & wash hand basin
Kitchen

Small cellar

Available as an OPTIONAL EXTRA is a SELF CONTAINED FLAT over, with FULL GAS FIRED CENTRAL HEATING & in the course of modernisation, comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

As stated the flat is available as an optional extra on a shorthold tenancy at a rental of £1,250 per month

WE ARE INFORMED the turnover averages £6,200/£6,400 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 25%. We understand the current post office income is in the region of £30,000 p.a. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a further commission of approximately £70 p.w. The business also has a bus pass agency.

Tenure:
Leasehold
Listed by:
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