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Nationwide Businesses Limited are Business Transfer Agents offering Business for sale across the UK. We currently offer catering, hotels, pubs, post office, newsagents, general stores, off licences and many other businesses for sale.
 

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Convenience Store with Off Licence for sale in East London

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Reference : G4823

Well fitted 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

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

Turnover

WE ARE INFORMED the turnover averages in the region of £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 24% approx.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

Spacious double fronted sales shop approx. 16ft frontage x 50ft depth, all modernised and refurbished approx. 5 years ago.

Ceramic tiled floor. The equipment includes counter, electronic cash register, center display gondola, all modern adjustable display shelving, 2 open cool display units (on loan from Coca Cola), 2 upright double door glass fronted drinks fridges (owned), 2 large glass sliding topped deep freezes (owned), open cool display unit (used for milk, orange juice, water etc). CCTV system with 5 cameras, 2 monitors plus video.

Kitchen area
Staff cloakroom with w.c. and wash hand basin (space for shower if desired)

To the rear of the shop is a large garage, recently built, ideal for storage purposes.

Staff

The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 2 part time staff employed.

Opening Hours

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

Tenure

The vendor owns the freehold and subject to satisfactory references, is prepared to grant a new 12 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £2,700 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Reference : G4823

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Convenience Store with Off Licence for sale
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Catering Businesses for sale include:
 A3 / A5 Premises
 
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
 Cycle Shops
 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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