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Reference G9229
Situated in a Parade, excellent main road trading position, residential, office and commercial area, SE London
Turnover £ 4,000
Price
£65,000
Features
Old Established Convenience Store Plus Off Licence
SINGLE FRONTED PREMISES in the region of 650 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, cigarette draw, modern adjustable shelving, open cool display unit, glass topped freezer, CCTV system (8 cameras, 1 monitor).
Stock room / Store room.
Staff Toilet with w.c. and wash hand basin.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 20% approx.
WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
PAY ZONE £10 per week approx.
PARCEL SERVICES £20 per week approx. (growing)
Staff
The business is at present operated by the vendor with the assistance of 1 part time staff.
Trading Hours
7 Day week
MONDAY - THURSDAY 8am - 10pm
FRIDAY - SATURDAY 8am -11pm
SUNDAY 9am - 10pm
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2026 with reviews every 5 years (next review 2031) at a current rent of £17,500 p.a. + VAT
Business Rates from April 2026 £2,000 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£20,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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