- Advert ID: 663751
- (Seller ref: G5217)
Convenience Store With Off Licence For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > London
- > East London
- > East London
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Summary
- Asking price:
- £49,950
- Sales revenue:
- £364,000
- Net profit:
- Available on request
- Employees:
- The business is at present operated by the vendor with the assistance of 2 part time staff.
Business description
Electric Shutters to -
ATTRACTIVE SALES SHOP, newly fitted and refurbished approx. 1 year ago. Industrial lino floor, suspended ceiling, air conditioning. The equipment includes modern shelving, EPOS scanning system with 1 till, 3 tier display deep freeze, 2 large fridges, 1 Lucozade fridge (on loan).
Cellar with 1 chest deep freeze
Property information
- Lease terms:
- We understand the premises are held on a secure renewable lease, the present lease having 12 years unexpired from June, 2007 at a rental of £9,100 p.a. for the next 3 years, with rent review at that time and thereafter every 3 years.
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Occupying a corner position, main road, LONDON
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering further potential to increase in the right hands, especially as the business is situated in an expanding area with flats being built nearby. Gross profit 24% approx.
- Reasons for selling:
- To Include The Secure Lease, Goodwill, Fixtures & Fittings £49,950 Plus Stock At Valuation (£20,000 Approx. Optional). Substantial Loan To An Approved Applicant
- Trading hours:
- 10 a.m. - 11 p.m. seven days per week
- Financing available:
- Substantial Loan To An Approved Applicant.
Contact the seller
need to search again?
- United Kingdom
- > England
- > South East
- > London
- > East London
- > East London
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