Convenience Stores for sale in East London

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Convenience Store in East London

East London, London, England

  • Leasehold Price: £40,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £13,000
Seller Reference: NB-G8369
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Business Description
 
 
 
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Seller Reference: NB-G8369
Request Details
Business Description
Nationwide are proud to offer to the market SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE. Occupying a corner position, end of small parade, main road trading position, densely populated residential area, EAST LONDON.

IMPRESSIVE & SPACIOUS SALES SHOP probably in the region of 1,200 sq. ft. sales area with non-slip floor, suspended ceiling with concealed lighting & well equipped including counter, cash register with scanning, 5 open cool display units, 1 upright double door glass fronted display deep freezer, display gondolas, modern shelving. CCTV system with 28 cameras, 1 monitor plus recording.

Stockroom
Staff w.c. & wash hand basin
Large basement - ideal for storage purposes, if desired

Turnover : £13,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised the gross profit is in the region of 24%. The business also has Payzone which we understand provides a commission of approximately £20 p.w.

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£25/000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (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. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £40,000 (G8369)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Listed by:
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