Reputable Convenience Store for Sale in London

  • Price: £40,000
  • Leasehold Price: £11,400
  • Annual Net Profit: £10,000
  • Annual Turnover: £219,000
London, England
Seller Ref:INT2727
For Sale

Reputable Convenience Store for Sale in London

London, England
Seller Ref:INT2727
  • Price: £40,000
  • Leasehold Price: £11,400
  • Annual Net Profit: £10,000
  • Annual Turnover: £219,000

Overview

Seller Ref: INT2727

Description

Now on the market is an Eastern European convenience store in London, established since 2008 with only one competitor and a large number of regulars frequenting the store.

The focus is mostly on Lithuanian, Polish and Romanian food, and regular customers tend to originate from these countries, although the vendor advises there is scope to expand or adjust the product lines to appeal to a wider group of potential customers.

The premises benefits from relatively low running costs with a very good electricity deal and low rent. The store room is 450cm (177 inches) long and 370cm (146 inches) wide, shop room is 950cm (374 inches) long and 510 (200 inches) wide.

This would be an ideal acquisition for an individual looking for an established shop that can expand product lines.

The Alcohol licence trading hours are 10:00 – 23:00 Monday to Saturday and 10:00 – 22.00 on Sundays.

Number of Employees:
1
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA
Website address:
https://www.intelligent.co.uk/businesses-for-sale/reputable-convenience-store-for-sale-in-london-int2727

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