Convenience Stores for sale in Hammersmith

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John Peacock (Feb 2017)
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Leasehold Price: £44,999 Price Reduced Annual Turnover: £260,000
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Business Description
• Busy main road location with heavy footfall
• Income c. £5,500 - £6,000 per week
• Off licence and convenience store
• Owner run

Reference;46226. Well established off licence and convenience store situated in prime West London location with heavy footfall. Turnover c. £5,500 per week with potential to increase. Lease expires in 2028. Basement currently used for storage. Open 7 days a week. Owner run. Viewing advised. Leasehold

Seven Up is a well established, traditional off licence and convenience store located in Hammersmith, West London, on a busy main road with heavy footfall during and amongst other independent retailers, plus a number of small hotels and B&B’s.

The business is open 7 days a week and stocks every day goods along with a good selection of beers, wines and spirits. We have been advised that the business generates an income in the region of £5,500 to £6,000 per week with good margins, although the turnover could increase with additional stock lines.

Whilst Seven Up operates from the ground floor of a mid terraced period property, it does benefit from having a basement which is currently used as storage.

Given the location, this is an ideal purchase for a young and energetic owner who can maximize the profits and expand in to a prime West London location.

Summary. A viewing is highly recommended to fully appreciate the location of this business, which would ideally suit an owner who will be able to maximise the income and profits.
Tenure: Leasehold

Listed by: Kings Business Transfer

Find out more about this business opportunity.

 
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KBT46226
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