Search more Convenience Stores for sale in East London
Reference G7877

Convenience Store for sale in East London

Location

Situated in a parade, just off the main road, residential area, EAST LONDON

Features

Self Service Convenience Store Plus Fruit & Greens, Full Free off Licence

SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 850/900 sq. ft. sales area with tiled floor, partly suspended ceiling, fluorescent lighting. The equipment includes counter, modern adjustable shelving, centre display gondolas, 1-3.80m open cool display unit (used for wines, beeers & soft drinks), 1-2.5m open cool display unit (used for dairy produce & milk), 2 chest display deep freezers, 2 ice cream display deep freezers etc.

Small stockroom
Staff w.c. and wash hand basin

Basement used as a stockroom with 2 chest deep freezers

Turnover

WE ARE INFORMED the turnover averages 9,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 22%.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 79,500 plus STOCK AT VALUATION (25,000/30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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