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Reference C7311

Convenience Store and Off Licence for sale in Ilford


Location

Situated in a parade, excellent busy main road trading position, densely populated residential and commerical area, ESSEX

Features

Well Fitted Full Free off Licence Plus Self Service Convenience Store, National Lottery

SPACIOUS SINGLE FRONTED SALES SHOP approx. 500 sq. ft. sales area with suspended ceiling, air conditioning. Attractive wooden shelving, 2 single door drinks display fridge, 4 meter open cool display unit, counter, electronic cash register, ice cream deep freeze (owned), photocopier (on loan) etc.

Large basement used for storage purposes

Staff toilet and wash hand basin

Turnover

WE ARE INFORMED the turnover is 8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. The business enjoys an excellent sale of wines, beers and spirits. Gross profit 22% approx. There is also a cash machine on the premises, recently installed, which should provide additional commission. In addition the business has an Oyster machine and we understand this provides a commission of approx. 50 p.w. The business also has Paypoint and we are advised that the commission from these is approx. 100 p.w.

Accommodation

Available as an OPTIONAL EXTRA situated over the shop is a SELF CONTAINED FLAT available on a shorthold tenancy at terms to be agreed. The SELF CONTAINED FLAT, DOUBLE GLAZED comprises:

3 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge and fitted kitchen area

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 68,000 plus STOCK AT VALUATION (30,000/40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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