Convenience Store and Post Office in East London

Nationwide are proud to offer to the market WELL FITTED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE with POST OFFICE LOCAL. Situated in a terrace, densely populated residential area EAST LONDON.

SPACIOUS SALES SHOP in the region of 700 sq. ft. sales area with lino non-slip floor, suspended ceiling with lighting & well equipped including retail counter with electronic cash register, post office combination counter, 1-3.75m open cool display unit, 1-1.15m open cool display unit, 1 double door glass fronted display deep freezer, ice cream deep freezer, modern adjustable shelving etc.

Stockroom
Staff w.c. & wash hand basin
Kitchen

Small cellar

Turnover : £5,000 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 25%. We understand the current post office income is in the region of £24,000 p.a. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a further commission of approximately £70 p.w. The business also has a bus pass agency.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £84,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £84,500 (G9087)

www.NationwideBusinesses.co.uk