Convenience Store and Off Licence in Clapton For Sale

Situated residential office & commercial area, E LONDON CLAPTON

Price £65,000

Features

Semi-detached Self Service Convenience Store, Full Free off Licence (closed Since May, 2020)

The business is situated in a residential area with a Bus Stop outside & a nearby school & park.

SINGLE FRONTED SALES SHOP in the region of 500 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register with EPOS scanning system, 2 glass topped chest display deep freezers, 2 open cool display units, modern shelving, 1 greeting card stand etc.

Basement used for storage purposes

Staff w.c. & wash hand basin

Turnover

WE ARE ADVISED that the business is at present closed, however in our opinion offers terrific potential for development in the right hands.

Trading Hours

When trading
Monday - Saturday inclusive - 8 a.m. - 8.30 p.m.
Sunday opening - 10 a.m. - 7 p.m.

Tenure

We understand the landlord, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS £65,000 INCLUSIVE OF STOCK
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote