Convenience Stores for sale in London

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Convenience Store in East London

London, England

  • Leasehold Price: £79,950  Price Reduced arrow_drop_down
  • Weekly Turnover: £8,000
Seller Reference: G8066
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Business Description
 
 
 
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Seller Reference: G8066
Request Details
Business Description
** OYSTER COMMISSION £700 P.W. **

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.

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/£8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 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 £79,950 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.

Lease : £79,950 (G8066)

www.NationwideBusinesses.co.uk

Trading hours:
7 a.m. - 10 p.m. seven days per week
Number of employees:
At present operated by the vendor with the assistance of 4 staff.
Tenure:
Leasehold
Is accommodation included?:
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:
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