Convenience Stores for sale in East London

View the "Convenience Store, Off Licence and Newsagent in East London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Convenience Store, Off Licence and Newsagent in East London

East London, London, England

  • Leasehold Price: £45,000
  • Weekly Turnover: £5,000
Seller Reference: NB-G8590
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Business Description
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Seller Reference: NB-G8590
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Business Description
Nationwide are proud to offer to the market SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE. Situated in a parade, residential area, E LONDON.

SINGLE FRONTED SALES SHOP in the region of 920ft² (85M²) sales area with tiled floor, suspended ceiling with concealed lighting. The equipment includes counter, 2 electronic cash registers with EPOS scanning system, 2 ice cream deep freezers (1 owned, 1 on loan), 2 open cool display units, modern shelving.

Large stockroom
Staff w.c. & wash hand basin

Turnover : £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400 p.w. We understand the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets plus scratchcards & we understand this provides a commission on average of £140 p.w. The business also has Oyster which we understand provides a further income of approximately £100 p.w. The business has 2 parcel delivery companies which we understand provides a commission on average of £100 p.w. The business has an internal ATM machine which we understand provides a further revenue of approximately £40 p.w.

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 : £45,000 (G8590)

Is accommodation included?:
Parking at rear for 2 cars
Listed by:
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