Convenience Stores for sale in London

View the "Leasehold Newsagent with flat above in East London." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Leasehold Newsagent with flat above in East London.

London, England

  • Leasehold Price: £130,000
Seller Reference: 24343
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 24343
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Business Description
Overview: Well established running business on prominent location near to bus stop, Library, three schools, Church, pedestrian location on the parade with a lot of footfall and regular fixed client in the area.

Business Potential: To increase business by adding off-license, fresh vegetable, fruits, bakery and increasing the business hours.
The shop comes with two bedrooms flat above with separate entry fetching rent £12,000 P.A.

The Premises: The shop is on the main parade with a floor area of 650 sqft plus storage area at the rare of approx. 220 sqft, loading, and unloading from the rear.

Income: Sale from shop £11000P.W.,

Rent: £27,500P.A.
Rate: £6,300 P.A.

Timings:
Monday to Saturday from 05.30 A.M to 05.00 P.M.
Sunday from 06.00 to 01.00

Financials and Price: 
The business is marketed for £130,000 it includes the goodwill, fixtures & fitting. Plus stock as per valuation.

Tenure:
A New 16 years lease will be provided under the Land Lord and Tenant Act. Rent review every 4 years

Kindly call / Whatsapp on 02088897474 or email us at commercial@btcint.com for more info and to book a viewing appointment.
Tenure:
Leasehold
Listed by:
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