Convenience Stores for sale in London

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Convenience Store in East London

London, England

  • Leasehold Price: £42,500
  • Weekly Turnover: £5,500
Seller Reference: NB-G8320
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Business Description
 
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Seller Reference: NB-G8320
Request Details
Business Description
DOUBLE FRONTED SALES SHOP in the region of 800 sq. ft. non-slip floor, fluorescent lighting & fully equipped including open cool display unit, ice cream deep freezer, 1 double door glass fronted display fridge (owned & used for wines & beers), 1 double door glass fronted display fridge (on loan from Coca Cola), electric cash register, 1 till with EPOS scanning system etc.

Stockroom
Staff w.c. & wash hand basin

Situated in a parade of 4 shops, EAST LONDON

Turnover : £5,500/£6,000 p.w. in our opinion offering tremendous potential for further development in the right hands. The business also has Oyster & we understand this provides a commission of approximately £150 p.w. We understand that an on line national lottery machine was installed in June, 2015 & the commission from the sale of on line national lottery tickets plus scratch cards is currently in the region of £120 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £42,500 plus STOCK AT VALUATION (£8,000 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 : £42,500 (G8320)

www.NationwideBusinesses.co.uk

Trading hours:
6 a.m. - 9 p.m. seven days per week
(We understand the business can remain open until 11 p.m. if desired).
Number of employees:
The business is at present operated by a husband & wife team & no staff are employed.
Tenure:
Leasehold
Location Details:
Situated in a parade of 4 shops, EAST LONDON
Listed by:
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