Convenience Store for sale in Chingford

Chingford, East London


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, busy road, EAST LONDON

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Premises Licence & Personal Licence. Wholesale newsbill £400 p.w. Gross profit 25% approx.

We understand the entire premises are held on a secure renewable lease from a private landlord, the present lease having approximately 4½ years unexpired at a rental of £15,996 p.a. up to December, 2015 with rent to be agreed thereaftere.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

The accommodation in the form of a SELF CONTAINED FLAT over, comprises:

1 Double Bedroom
Bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units

6 a.m. - 9 p.m. seven days per week

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £25,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Supermarkets
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