Convenience Store for sale in Dagenham

Dagenham, Essex


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, main road trading position, close to railway station, ESSEX

WE ARE INFORMED the turnover currently averages £12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsill £750 p.w. We understand the business also has Oyster and we are informed that this provides a commission at the current time of approximately £300 p.w. The business also sells scratch cards & we understand this provides a further revenue of approximately £40 p.w. In addition there is an ATM machine plus Paypoint.

We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £12,500 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,350 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Saturday inclusive - 5.30 a.m. - 9 p.m.
Sunday opening - 6 a.m. - 9 p.m.
It will be appreciated that there is potential for additional opening hours

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £78,000 plus STOCK AT VALUATION (£28,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £78,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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