Supermarket 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

Occupying a corner position, end of small parade, main road trading position, densely populated residential area, E LONDON

WE ARE INFORMED the turnover averages £12,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised the gross profit is in the region of 24%. The business also has Payzone which we understand provides a commission of approximately £20 p.w.

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 8 years unexpired at a rental of £24,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £7,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 8 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 10.30 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £135,000
Tenure : Leasehold
Status: Available
Sectors:
General Stores
Off Licences
Supermarkets
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