Convenience Stores for sale in East London

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Well Fitted General Store & Post Office in East London

East London, London, England

  • Leasehold Price: £145,000
  • Weekly Turnover: £6,200
Seller Reference: NB-G8613
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Business Description
 
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Seller Reference: NB-G8613
Request Details
Business Description
Nationwide are proud to offer to the market WELL FITTED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE with POST OFFICE LOCAL. Situated in a terrace, densely populated residential area EAST LONDON.

SPACIOUS SALES SHOP probably in the region of 700 sq. ft. sales area with lino non-slip floor, suspended ceiling with lighting & well equipped including retail counter with electronic cash register, post office combination counter, 1-3.75m open cool display unit, 1-1.15m open cool display unit, 1 double door glass fronted display deep freezer, ice cream deep freezer, modern adjustable shelving etc.

Stockroom
Staff w.c. & wash hand basin
Kitchen

Small cellar

Turnover : £6,200/£6,400 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 25%. We understand the current post office income is in the region of £30,000 p.a. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a further commission of approximately £70 p.w. The business also has a bus pass agency.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION
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 : £145,000 (G8613)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Is accommodation included?:
Available as an OPTIONAL EXTRA is a SELF CONTAINED FLAT over, with FULL GAS FIRED CENTRAL HEATING & in the course of modernisation, comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

As stated the flat is available as an optional extra on a shorthold tenancy at a rental of £1,250 per month
Listed by:
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