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Convenience Store with Off Licence for sale in East London

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Reference : G5198

Profitable SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE

       

No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register for free to see full location details
 

Location

Situated in a parade, residential area, LONDON E (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover currently averages £7,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 24% approx.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£25,000 approx. could be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

Spacious single fronted Sales Shop with modern shop front plus double door approx. 900 sq. ft. sales area with tiled floor and well equipped including electronic cash register, modern adjustable shelving, 1 large open display cool unit (for drinks etc), 1 small open display dairy unit, glass topped deep freeze, 2 upright double door drinks fridge (owned), ice cream deep freeze (owned), display gondola etc.

Stockroom/office
Staff cloakroom with w.c. and wash hand basin
Large basement

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Opening Hours

10 a.m. - 10.30 p.m. seven days per week

Outside

Shared yard at rear.

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 6 years unexpired at a rental of £14,400 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,000 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION

Reference : G5198

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Convenience Store with Off Licence for sale
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Catering Businesses for sale include:
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Bakery /Patisserie
 
Cafe for sale
 
Delicatessens
 
Fish & Chips shops
 
Freehouse / Pubs
 
Hotels & B&B's
 
Pubs & Wine Bars
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Sandwich Bars
 
Take-aways
 
Tea rooms
 
Wine Bars

Retail Businesses for sale include:
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Car Shops for sale
 
Cards & Gifts shops
 
Clothes Shops
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Empty Premises
 Florist / Garden centre
 
Fruit & Greens shops
 
Gallery / Antique
 
General Stores
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Hardware / DIY
 Investments
 
Newsagents
 Off Licence
 
Retail Businesses
 
Pet Shops
 
Petrol Stations
 
Post Office
 
Print Shops
 
Sports Shop
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