Convenience Stores for sale in East London

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Y. MacGregor (Nov 2017)
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Leasehold Price: £95,000 Price Reduced Weekly Turnover: £8,000
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Business Description
Forecourt area let for the sale of fruit & greens & we understand providing a rental income of £200 p.w. The vendor also receives a rental of £60 p.w. from the mobile unit.

* Oyster Commission £700 p.w.

SPACIOUS SALES SHOP, fluorescent lighting. Well fitted including 4 glass topped chest display deep freezers, 3 open cool display units, counter, 2 tills with scanning system, modern shelving, centre display gondola etc.

2 Stockrooms with racking
Staff w.c. & wash hand basin

Situated in a parade, main road trading position (with 3 major bus stops in front of the parade), residential & commercial area EAST LONDON

Turnover : WE ARE INFORMED the turnover currently averages £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £700 p.w. In additon the business has Oyster which we understand produces a commission of approximately £700 p.w. PLEASE NOTE THIS BUSINESS IS CURRENTLY OPERATED UNDER A FRANCHISE AGREEMENT, WE UNDERSTAND THIS ARRANGEMENT IS OPTIONAL & FULL DETAILS ARE AVAILABLE UPON REQUEST.

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.

Lease : £95,000 (G8066)

Trading Hours:
7 a.m. - 11 p.m. seven days per week

Number of Employees:
At present operated by the vendor with the assistance of 4 staff.

Tenure: Leasehold

Accommodation Details: Car parking space at rear for 1 car

Location Details:
Situated in a parade, main road trading position (with 3 major bus stops in front of the parade), residential & commercial area EAST LONDON

Listed by: Nationwide Businesses Ltd

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