Supermarket Convenience Store in East London Ref 24430

Location: Shop is located on a main road position on High street in center of the residential and commercial area and have an excellent opportunity for business growth,

Shop is just 2 min away from nearby schools & restaurants, Its located on densely populated area & on easily accessible for transport services, shop is just 5 minutes walk away from football club stadium, 0.1 mile distance from gym & train stations.

Premises: Great opportunity to acquire a profitable shop in an immaculate condition, near to station, library and church. Store got very good reviews on google because of wide variety of products & having good customer relations.

The shop is newly fitted on trading position & equipment’s that includes CCTV cameras, deep freezers, Open cool display unit, Fridge, counter, etc.

Business Potential: Business can increase by adding UPS parcel services, Coffee machine, phone repairs kiosk, PayPoint, oyster, vape

Tenure: Leasehold – 10 years of Lease remaining under the landlord Tenancy act

Shop size: Floor space – 1350 sq.ft Approx. and space storage space at rear of around 175 sq. Ft storage

Turn over: £24,000 P.W.

Rent: £65,000 P.A.

Rates: £25,000 P.A.

Trading hours: 8 AM to 10 PM (All 7 days)

Additional potential: The shop has got the Licence to keep open for 24 hours, so oncoming buyer can extend the timings and can generate more income.

The business is marketed for the goodwill of £275,000 plus SAV it includes all the fixtures and fitting.

For further information, please contact the BTC Commercial and Investment team on 0208 889 7474 or commercial@btcint.com.

Tenure: Leasehold