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Highly Profitable And Established Convenience Store In London For Sale

City of London, London, UK
Asking Price:
£35,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Summary:

• Rental Property
• Huge Potential
• Prime Location
• Heavy Footfall Area
• Unique Opportunity
• Residential Area
• All Fixtures and Fittings Included
• Excellent Client Base
• Proof of Funds Required

Business Description:

Silk Letting Ltd is proud to present to the market a highly rated convenience store and off licence with 5-star reviews on many online platforms..

This well-established business is situated in a residential area and benefits from an excellent client base as well as passing trade. Selling convenience food, snacks and drinks the business offers a UPS drop-off zone, pay zone and has a 7-11 off-licence..

The owner owns all his stock, and this is not included in the asking price but is available to any new owner to buy for £12,000. The current owner is happy to provide a handover period of the business for any new owner if required.

Location and Amenities:

Located on a busy high street in London and close to the A205, with good transport links and close to the local train station, making the premises easily accessible for the owner and customers.

The business is close to a residential area creating a high footfall of regular returning customers.

Growth Potential:

This is a perfect opportunity for any buyer looking for a well-established business with the potential for further growth.

The business doesn’t currently have a website, any new owner could create a website that allows customers to order and pay online and offers a click and collect service. Any new owner could also promote social media pages like Instagram and Facebook.

Delivery service to the local residents could also be introduced.

Financial Profile:

Tenure: Lease (Rents property only). There are 10 years left on the current lease. The landlord is happy to make a new lease with the new owner and is happy to extend.

The business benefits from a small business rates relief and is exempt from paying any business rates.

Turnover is available upon request.

Property:

The business occupies a ground floor, consisting of a serving area, sales area, stockroom, and kitchen at the rear of the property. The property also includes a basement.

Security Features:

The front of the property is fitted with a roller shutter door. The property is alarmed throughout and has 9 CCTV cameras in full working order covering the front, back and the inside of the property.

Fixtures and Fittings:

The business is fully fitted and well-presented throughout with all shelving and all contacts included in the sale offering any new owner all the facilities needed to run the business to its full potential.

A full list of assets included in the sale is available upon request.

Staff:

The business currently employs 3 part-time staff members who are happy to stay once the business is sold. This is a turn the key opportunity for any new owner looking to purchase an already existing business with the opportunity for further growth.

The business is currently open:
Monday – Sunday - 8 am – 10 pm

Reason for Sale:

The owner is selling the business due to other business ventures creating the perfect opportunity for any new owner to take over an already well-established business with the potential for further growth.

Would you love to be running an already successful business and to call it your own?

This is a business to get excited about and it is a rare opportunity in the market. We anticipate great interest in this amazing listing, and we don’t anticipate this business to be on the market for long.

This is a huge and unique business opportunity to become your own boss and carry out your passion daily.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

Viewing strictly by appointment!

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing.

Property Information

Property:

Leasehold

Contact Silk Letting

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