Search more Convenience Stores for sale in East London
Reference G7886

Convenience Store, Butchers and Off Licence in East London For Sale

Convenience Store, Butchers and Off Licence in East London For Sale
Convenience Store, Butchers and Off Licence in East London For Sale Buy a Convenience Store, Butchers and Off Licence in East London For Sale Sell a Convenience Store, Butchers and Off Licence in East London For Sale Convenience Store, Butchers and Off Licence in East London For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential & commercial area not far from CANARY WHARF, EAST LONDON

Price 25,000

Features

Newly Fitted Self Service Convenience Store Plus Halal Butchery & Full Free off Licence We Understand The Business Closed In October, 2017, However In Our Opinion offers Tremendous Potential In The Right Hands

SPACIOUS SALES SHOP in the region of 1,190 sq. ft. sales area all newly fitted. Tiled floor, suspend ceiling with concealed lighting. Air conditioning/heating. Modern adjustable shelving, 3 glass topped chest display deep freezers, 2 electronic cash registers, CCTV system with 10 cameras, monitor plus recording etc.

Staff cloakroom with w.c. & wash hand basin

Large basement for storage purposes with walk-in coldroom

Turnover

AS STATED the business has been closed since October, 2017, however in our opinion offers tremendous potential for development in the right hands. We understand from the present tenants that hey have the Premises Licence for the sale of wines, beers & spirits & in our opinion there is terrific potential to introduce the sale of wines, beers & spirits, subject to obtaining the necessary Personal Licence.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 19 years unexpired at a rental of 17,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 1,800 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS 25,000 subject to contract
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 12,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Convenience Stores for sale in East London

Buy a Convenience Store, Butchers and Off Licence in East London For Sale on NationwideBusinesses.co.uk