Convenience Store plus Fruit & Veg in Essex For Sale

Situated end of parade, main road trading position, densely populated residential area, ESSEX

Turnover £ 8,500
Price £149,000

Features

Convenience Store Plus Grocery & Off Licence

Midnight Alcohol Licence
FORECOURT FOR DISPLAYING FRUIT & VEG
Newly fitted APRIL 2026

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS AND CANOPY, tiled floor, suspended ceiling with LED lights, sales counter, EPOS till, cigarette draw, modern adjustable shelving, 2 x open cool display unit, drinks display fridge (glass fronted upright Six-door), 2 glass fronted upright double-door freezer, CCTV system (18 cameras, 1 monitor).

Stock room.
Staff Toilet with w.c. and wash hand basin.
Kitchen
Storage Container

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 - £9,000 p.w. with a Gross profit of 25% approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

PAY POINT £50 per month approx.
Evri Parcel shop commission £800 per month approx.
Pacel Box impost £110 per month approx.
Additional Pacel Services £50 per month approx.

Staff

The business is at present operated by the lady vendor with the assistance of 3 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 9am - 11pm

Outside

Garage, Parking space for 3 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2021 with reviews every 5 years (next review 2031) at a current rent of £15,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,000 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 74,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote