Convenience Stores for sale in West London

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Well Fitted Convenience Store plus Post Office in West London

West London, London, England

  • Leasehold Price: £190,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £8,000
Seller Reference: NB-G8602
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Business Description
 
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Seller Reference: NB-G8602
Request Details
Business Description
Nationwide are proud to offer to the market WELL FITTED SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE with POST OFFICE LOCAL. Situated in a terrace, prime position, office & commercial area CENTRAL LONDON.

IMPRESSIVE SALES SHOP probably in the region of 1,500 sq. ft. sales area with tiled floor, 2 retail counters, 2 tills with scanning system, post office counter, 2 open cool display units (used for soft drinks, sandwiches, milk etc), 2 additional open cool display units (used for wines & beers), small glass fronted fridge, modern display shelving, display gondolas.

LARGE BASEMENT with walk-in coldroom (not utilized at present). In our opinion there is potential for the basement to be utilized for another business to provide additional income.

2 staff toilets

Turnover : WE ARE INFORMED by the vendor that the turnover is currently in the region of £8,000 p.w. due to Covid-19, in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the Post Office income is currently in the region of £50,000 p.a. approx. We further understand that the gross profit is in the region of 30%. We are further advised by the vendor that the draft figures year ending December, 2019 showed in the region of £750,000 with a post office income ending December,2019 of £64,000.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £190,000 plus STOCK AT VALUATION (£30,000 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 : £190,000 (G8602)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
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