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Reference G8066

Convenience Store in East London for sale

Convenience Store in East London for sale
Convenience Store in East London for sale Buy a Convenience Store in East London Sell a Convenience Store in East London

Location
Situated in a parade, main road trading position (with 3 major bus stops in front of the parade), residential & commercial area EAST LONDON

Features
Profitable Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

** OYSTER COMMISSION 700 P.W. **

Forecourt area let for the sale of fruit & greens & we understand providing a rental income of 200 p.w. The vendor also receives a rental of 60 p.w. from the mobile unit.

SPACIOUS SALES SHOP, fluorescent lighting. Well fitted including 4 glass topped chest display deep freezers, 3 open cool display units, counter, 2 tills with scanning system, modern shelving, centre display gondola etc.

2 Stockrooms with racking
Staff w.c. & wash hand basin

Turnover
WE ARE INFORMED the turnover currently averages 8,000/8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 500 p.w. In additon the business has OYSTER WHICH WE UNDERSTAND PRODUCES A COMMISSION OF APPROXIMATELY 700 P.W. PLEASE NOTE THIS BUSINESS IS CURRENTLY OPERATED UNDER A FRANCHISE AGREEMENT, WE UNDERSTAND THIS ARRANGEMENT IS OPTIONAL & FULL DETAILS ARE AVAILABLE UPON REQUEST.

Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 79,950 plus STOCK AT VALUATION (30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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