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Convenience Store with Off Licence for sale in East London

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Reference : G4967

WELL ESTABLISHED SELF SERVICE CONVENIENCE STORE AND 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

Occupying a corner position, excellent main road trading position, residential area, LONDON, E1 (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 20% approx.
We understand there is a commission from Paypoint and an ATM machine of approx. £150 p.w.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£25,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Features

Single fronted medium sized premises with electric shutters, industrial non-slip floor, suspended ceiling with fluorescent lighting. Fully equipped including, sales counter, electronic cash register, modern adjustable shelving, 3 fridges, 2 dairy display cabinets, 2 freezers, etc.

CCTV system including 4 cameras, 1 monitor and dvd.

Staff kitchen area, etc.

Stockroom at rear.

Staff toilet with w.c. and wash hand basin.

Staff

The business is at present staff operated with the assistance of 1 full time and 2 additional part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening Hours

7 Day week (Monday - Saturday) 8 am - 11 pm Sunday 8am - 10.30 pm

Accommodation

As an optional extra there is a SELF CONTAINED MAISONETTE over, which is available on a shorthold tenancy at a rental of £175 p.w. (We understand the accommodation can be incorporated into the lease with the additional rental, if desired). The Self Contained Maisonette with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

Tenure

We understand the premises are held on a secure renewable lease, having approx. 14 years unexpired at a rental of £11,400 p.a. exclusive of rates, next rent review in 3 years, then every 4 years

Uniform Business Rates: £2,800 p.a. approx.

Reference : G4967

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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
 Restaurants
 
Sandwich Bars
 
Take-aways
 
Tea rooms
 
Wine Bars

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