Search more Convenience Stores for sale in East London
Reference G8149

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 For Sale Sell a Convenience Store in East London For Sale

Register to see map and to make an appointment Situated end of terrace, residential area near school & park, EAST LONDON

Turnover 3,750
Price 38,000

Features

Self Service Convenience Store, Full Free off Licence

SINGLE FRONTED MEDIUM SIZED SALES SHOP, carpeted, fluorescent lighting. The equipment includes counter, electronic cash register, 3 double door glass fronted drinks display fridges, 3-tier ice cream deep freezer, modern shelving etc.

Staff w.c. & wash hand basin

Cellar - ideal for storage purposes

Turnover

WE ARE INFORMED the turnover averages 3,750 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 20%.

Staff

The business is at present operated by a husband & wife team & no staff are employed.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 9 p.m.
Sunday opening - 10 a.m. - 9 p.m.

Tenure

We understand the landlord, subject to satisfactory references, is prepared to grant a new 10 years full repairing and insuring lease at a rental of 8,400 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 38,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 19,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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