Convenience Store with Off Licence in South London For Sale

Situated in a parade, close to two large secondary schools and a local football ground, busy road, close to train station, SE LONDON

Turnover £ 7,500
Price £140,000

Features

Old Established Convenience Store with Off Licence

6 DAYS OPENING

DOUBLE FRONTED RETAIL SHOP in the region of 880 ft² WITH ELECTRIC SHUTTERS AND DOUBLE DOORS, laminated strip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till + Pay point Till, cigarette draw, open cool display unit (3.6 metres), open cool display unit (4.8 metres), glassed topped deep freeze (8ft), modern adjustable shelving, walls Ice Cream Freezer, CCTV system (11 cameras, 1 monitor).

Stock room.

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

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 - £8,000 p.w. with a Gross profit of 30% approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £50 - £60 per week approx.
PAY ZONE £10 per week approx.
OYSTER £15 per week approx.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 8am - 7.30pm
SATURDAY 10am - 6.30pm

Outside

Rear yard with covered parking

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2018 with reviews every 4 years (next review 2030) at a current rent of £30,000 p.a.

Business Rates from April 2026 £9,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2003, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION (£20,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 70,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote