Nationwide are proud to offer to the market Old Established CONVENIENCE STORE with OFF LICENSE. Occupying a corner position, excellent main road trading position, residential, office and commercial area, EAST LONDON.

DOUBLE FRONTED PREMISES in the region of 450 ft² WITH ELECTRIC SHUTTERS, tiled floor & laminated strip floor, suspended ceiling with fluorescent lighting, sales counter, EPOS till, cigarette draw , open cool display unit (1.75 metres), 2 x drinks display fridge (glass fronted upright double-door), glass topped deep freeze, modern adjustable shelving, CCTV system (5 cameras, 1 monitor).

Staff room.
Toilet with w.c. and wash hand basin.

Turnover : WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 22% approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £75 per week approx.
Oyster £40 per week approx.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£7,000 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 : £55,000 (G9034)

www.NationwideBusinesses.co.uk