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General Store with Off Licence for sale in East London

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Reference : G4983

Well fitted SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, 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, corner position, excellent main road trading position, densely populated residential and commercial area, LONDON E (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover currently averages £9,000 p.w. in our opinion offering tremendous potental for further increase in the right hands. Wholesale newsbill £550 p.w. Gross profit 24% approx. In addition the business has a Paypoint and we understand this provides a further turnover of approx. £4,000 p.w. providing a commission in the region of £50 p.w.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

SPACIOUS SINGLE FRONTED SALES SHOP approx. 700/800 sq. ft. sales area with non-slip floor, suspended ceiling. Air Conditioned. The equipment includes modern adjustable shelving, 1 greeting card display stand, 3 glass topped chest deep freezes, 4 upright double door glass fronted display fridges, 3 upright single door glass fronted display fridges, 2 electronic cash registers, counter etc.

Stockroom with shelving and basement storage with shelving
Staff cloakroom with w.c. and wash hand basin

Staff

The business is at present operated by a husband and wife team with the assistance of 1 part time staff.

Opening Hours

Monday - Saturday inclusive - 7 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 8 p.m.

Accommodation

The accommodation all newly refurbished and in GOOD CONDITION, comprises:

1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Large Lounge with newly fitted kitchen area

Tenure

We understand the premises are held on a secure renewable lease for a period of 20 years from the 18th December, 2006 at a rental of £20,000 p.a. exclusive of rates up to December, 2010, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £4,300 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Reference : G4983

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More Business Searches:
General Store with Off Licence for sale
Buy a business in East London

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:
 Bathroom / Kitchen
 Butchers for sale
 
Car Shops for sale
 
Cards & Gifts shops
 
Clothes Shops
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 Discount Shops
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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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