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Reference G9268

Newly Fitted Convenience Store with Off Licence in South London For Sale

Situated in a parade, densely populated residential area, next to bus stop and clsoe to Train Station, SOUTH EAST LONDON/KENT BORDERS.

Turnover £ 13,000
Price £200,000

Features

Modern Convenience Store with Off License and Slight Fruit & Veg

NEWLY FITTED 2025 TO HIGH STANDARD

IMPRESSIVE DOUBLE FRONTED RETAIL PREMISES in the region of 1,785 ft² WITH ELECTRIC SHUTTERS & CANOPY, tiled floor, suspended ceiling with LED Panel lights, EPOS till, cigarette gantry, modern adjustable shelving, 3 x open cool display unit, 2 x glass topped deep freeze, ice cream freezer, CCTV system (12 cameras, 1 monitor).

Large Stock room.

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

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £13,000 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:

NATIONAL LOTTERY £60 per week approx.
PAY POINT £10 per week approx.
OYSTER£30 per week approx.

Staff

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

Trading Hours

7 Day week
SUNDAY - THURSDAY - 8am - 10.30pm
FRIDAY & SATURDAY 8am - 11pm

Outside

Parking space for 1 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 2018 with reviews every 3 years (next review 2027) at a current rent of £26,666 p.a. + VAT

Business Rates from April 2026 £10,229 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION (£45,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 100,000 (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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