Search more Convenience Stores for sale in East London
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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 Convenience Store in East London For Sale for Sale Convenience Store in East London For Sale for Sale Convenience Store in East London For Sale for Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, residential & commercial area, EAST LONDON

Turnover 4,000
Price 42,500

Features

Self Service Convenience Store, Full Free off Licence

SPACIOUS SALES SHOP in the region of 1,000 sq. ft. sales area with tiled floor, suspended ceiling with LED lighting. The equipment includes 3-3.75m open cool display units, 1 chest deep freezer, ice cream deep freezer, counter, electronic cash register with scanning, modern shelving etc.

Small stockroom

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

At present staff operated. 3 staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Thursday inclusive - 8 a.m. - 10 p.m.
Friday & Saturday - 8 a.m. - 11 p.m.
Sunday opening - 10 a.m. - 10 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a current rental of 18,000 p.a. exclusive of rates with rent revisions.

Uniform Business Rates: 4,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 42,500 plus STOCK AT VALUATION (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 21,250 (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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