Convenience Store and Butchers in East London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, East London

Turnover £ 9,500
Price £70,000

Features

Old Established Convenience Store and Butchers

DOUBLE FRONTED RETAIL SHOP in the region of 1,620 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED Panel & spot lights, sales counter, EPOS till, cool display counter with refrigerated storage section, butchers block, scales, modern adjustable shelving, 5 x drinks display fridge (glass fronted upright double-door), ice cream freezer, freezer display fridge (glass fronted upright double-door, CCTV system (7 cameras, 1 monitor).

Toilet with w.c. and wash hand basin.
Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,500 p.w. with a Gross profit of 20% approx.

Staff

The business is at present operated 2 full time staff & 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 8am - 7pm

Tenure

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new 10 year lease with 5 year reviews and starting rent of £33,000

Business Rates from April 2026 £6,100 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE FEBRUARY 2026, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£25,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote