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Reference G8694

Impressive Convenience Store plus Butchers in East London For Sale

Impressive Convenience Store plus Butchers in East London For Sale
Impressive Convenience Store plus Butchers in East London For Sale Buy a Impressive Convenience Store plus Butchers in East London For Sale Sell a Impressive Convenience Store plus Butchers in East London For Sale Impressive Convenience Store plus Butchers in East London For Sale for Sale Impressive Convenience Store plus Butchers in East London For Sale for Sale Impressive Convenience Store plus Butchers in East London For Sale for Sale Impressive Convenience Store plus Butchers in East London For Sale for Sale Impressive Convenience Store plus Butchers in East London For Sale for Sale Impressive Convenience Store plus Butchers in East London For Sale for Sale

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

Turnover 3,500
Price 130,000

Features

Extensive & Impressive Convenience Store & Butchers

Forecourt for the displaying of fruit and vegetables.

NEWLY REFITTED IN 2020 AT A COST OF 129,000

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS. Suspended ceiling with concealed LED lighting, tiled floor. 2 EPOS scanner tills, display shelving, double door drinks fridge, display freezers, large fruit & vegetable display section. CCTV 15 cameras, cloud recording.

PROFESSIONALLY FURNISHED BUTCHERY SECTION - 3 meat display chilled units, bone sharp cutting machine, butchers table, mincer, gravity feed slicer, electronic scales, vacuum machine, wash hand basin.

EQUIPPED WALK-IN COLD ROOM

Shop floor WITH multiple chillers and fridges, 6 glass topped chest freezers, modern adjustable shelving, display gondola,

STOCK ROOM - Shelved

Cloak Room with toilet and sink.

Office.

Staff room.

Stairs to BASMENT - used for storage

Turnover

WE ARE INFORMED by the owner the turnover currently averages 3,500 p.w. Presently the butchery section is closed due to staffing constraints and the vendor's other business commitments. Huge potential to develop as an off licence, subject to obtaining the necessary premises & personal licence and the introduction of tobacco sales.

Staff

The business is at present operated by a husband & wife team

Trading Hours

6 Day week
MONDAY - SATURDAY inclusive 12 noon - 9 pm
CLOSED SUNDAY
In our opinion having terrific potential for additional opening hours

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2020 with reviews every 5 years (next review 2025) at a current rent of 36,000 p.a.

**The Landlord requires a 3 months (9,000) rent deposit**.

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS 130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

**PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS TO BE BY WAY OF SHARE TRANSFER**

Finance

Subject to status, you maybe able to borrow up to 65,000 (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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