Convenience Store with Off Licence in West London For Sale

Situated end of parade, of shops, busy road, residential area, WEST LONDON

Turnover £ 7,000
Price £95,000

Features

Convenience Store and Off Licence

NEWLY FITTED 2022

DOUBLE FRONTED RETAIL SHOP in the region of 600 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, cigarette draw, open cool display unit (3.50 metres), 2 x drinks display fridge (glass fronted upright double-door), glass fronted upright double-door freezer, Buzzballz Fridge.

Staff room.

Staff Toilet with w.c. and wash hand basin.

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 30% approx.

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

NATIONAL LOTTERY £8 per week approx.
PARCEL SERVICE £125 per week approx.
PAY ZONE £2 per week approx.

Staff

The business is at present operated by 2 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 7.30am - 11pm
SUNDAY 8am - 10.30pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2021 with reviews every 4 years (next review 2029) at a current rent of £13,200 p.a.

Business Rates from April 2026 £1,400 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 £95,000 plus STOCK AT VALUATION (£25,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote