Convenience Stores for sale in Erith

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Convenience Store in Erith, Kent

Erith, Kent, England

  • Leasehold Price: £89,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £8,000
Seller Reference: NB-G8023
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Business Description
 
 
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Seller Reference: NB-G8023
Request Details
Business Description
Nationwide brings to the market this SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY. Situated in a parade, town centre, KENT.

FREE CAR PARK IN FRONT FOR WE UNDERSTAND APPROXIMATELY 50 CARS

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area with non-slip floor, suspended ceiling with concealed LED lighting & fully equipped including 2-2.75m open cool display units (with glass doors), small ice cream deep freezer, 1 open cool display unit, modern shelving, counter, 2 tills with EPOS scanning system etc.

Stockroom at rear

It will be appreciated upon inspection that there is potential to extend the sales are into the stockroom at rear if desired.

Staff w.c. & wash hand basin

Turnover : £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500/£600 p.w. Gross profit 18% approx. The business has on line national lottery with scratch cards & we understand this provides a commission of approximately £120 p.w. The business also has Oyster which we understand provides a further commission of approximately £180 p.w. The business also has Paypoint.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,000 plus STOCK AT VALUATION (£20,000/£25,000 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 : £89,000 (G8023)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Is accommodation included?:
Small yard
Listed by:
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