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Reference G7616

Polish Convenience Store in Walthamstow For Sale

Register to see map and to make an appointment Situated in a parade, busy road, EAST LONDON WALTHAMSTOW

Turnover 1,800
Price 11,500

Features

Polish Grocery Shop

SINGLE FRONTED MEDIUM SIZED SALES SHOP with woodstrip floor, fluorescent lighting. Air conditioning. The equipment includes counter, electronic cash register, 4 chest deep freezers, 1 multideck open cool display unit, 1 deli counter, meat/cheese slicer, weighing scales, 2 standing fridges. CCTV.

Stockroom

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 1,800 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 40%.

Staff

At present staff operated. 2 full time plus 1 part time staff employed.
It will be appreciated upon inspection that with a more active husband & wife team, the wage bill could be reduced.

Trading Hours

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

Outside

Covered yard at rear (no rear access)

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 2 years unexpired at a rental of 9,000 p.a. exclusive of rates, fixed for the remainder of the term.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 11,500 plus STOCK AT VALUATION (15,000/17,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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