Convenience Store and General Store in West London For Sale

Situated in a terrace, residential & commercial area, sought after WEST LONDON

Turnover £ 11,000
Price £250,000

Features

Convenience Store with Household Goods, Vapes, Confectionary, Etc Huge Potential To Introuduce An Off Licence

SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 1,000 sq. ft. sales area with laminated strip floor, led lighting. The equipment includes 1-6m open cool display unit, single door dairy fridge, in addition there is 1- 3.75m open cool display units, 3 chest freezers, shelving, counter, electronic cash register etc.

Staff w.c. & wash hand basin

Large basement used for storage.

Turnover

WE ARE INFORMED the turnover averages £10,000 / £12,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We understand the gross profit is in excess of 50%.

In our opinion there is also potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises Licence plus landlords' permission for the sale of wines, beers & spirits & obviously subject to obtaining the necessary Personal Licence.

Staff

The business is at present operated by the staff with 3 full time staff employed and family assistance as required.

Trading Hours

24 / 7 Opening.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2020 with reviews every 5 years (next review 2029) at a current rent of £70,000 p.a. plus VAT

Business Rates from April 2026 £30,000 approx. (Please contact local authority to confirm)

The Purchaser is to be responsible for the Landlord's costs.

Price

TO INCLUDE THE, FIXTURES & FITTINGS £250,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote