Convenience Stores for sale in Plaistow

View the "Convenience Store for sale in Plaistow E13 Ref No: 21310" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £70,000 Weekly Turnover: £6,500
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Business Description
Convenience Store for sale in Plaistow E13 Ref No: 21310
A rare opportunity to acquire an established thriving Convenience Store, a family operated business trading for over 30 years in the same hands. This is a retirement sale and due to the limited trading hours it poses an excellent opportunity for business growth.
Overview: Situated on a secondary road In a residential location, this fully equipped business attracts passing trade, having visibility on one of the main routes to a nearby school. This business has been owned by the vendor for many year and there is a broad customer base with good customer relations thereto attracting a strong goodwill. The business Turn Over can exceed beyond £6500 a week, with the introduction of new lines and increased trading hours.
The Premises: Operating on a single level trading floor of 750 sqft aprox with a basement of 400 Sqft approx. All fixtures and fittings; included in the sale price. The shop floor is modern and bright with all fridges, equipment and fittings included.
Timings: Opening only 7 days a week, weekday hours are 06 A.M – 08 P.M and Sunday 07.A.M - 03 P.M.
Financials and Price: The business is marketed for £70000 plus stock. It includes the goodwill, fixtures & fitting. The price reflects the vendor’s wish for a speedy and uncomplicated sale. The business is turning over £6500 per week. The rent only is £16,000 per annum. Benefiting from small business relief there are at present no rates to pay.
Tenure: Leasehold (New 15 years lease with rent review every 3 years)
Trading Hours:
Opening only 7 days a week, weekday hours are 06 A.M – 08 P.M and Sunday 07.A.M - 03 P.M.

Tenure: Leasehold

Competition: No Competition

Leasehold Term:
New lease for 15 years with rent review every 3 years.

Listed by: BTC Commercial

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