Convenience Store for sale in East London

East London


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

End of terrace, occupying a corner position, busy road, residential area, EAST LONDON

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 20% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 1 year unexpired at a rental of £12,000 p.a. exclusive of rates. We understand the landlord, subject to satisfactory references, will grant a longer lease at an initial rental of £12,000 p.a. exclusive of rates, with rent revisions.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

8 a.m. - 10 p.m. seven days per week

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION (£8,000/£9,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £30,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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