Convenience Stores for sale in East London

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 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £115,000 Weekly Turnover: £9,000
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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.

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 £9,000 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.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION (£30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

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

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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G8066
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