Convenience Store plus Fruit & Greens Shop in East London

Nationwide are proud to offer to the market CONVENIENCE GROCERIES, FRUIT AND VEGETABLES, OFF LICENCE AND LOTTERY. Occupying a corner position, excellent main road trading position, residential and commercial area, EAST LONDON.

DOUBLE FRONTED PREMISES, in the region of 800 ft², WITH ELECTRIC SHUTTERS, CCTV (12 cameras), polished concrete flooring, plaster board ceiling with tube ligghts.

Sales counter, electric cash register, 2 x 3m chillers, wine fridge, freezer, ice cream freezer, slush machine, coffee machine, adjustable shelving and display racking.

2 stock rooms.

Cloakroom with toilet and wash hand basin.

Kitchen – Sink, cupboard, fridge, cctv monitor.

Stairs to basement in the region of 400 ft²

Used for storage.

Turnover : WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. – £11,000 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:

NATIONAL LOTTERY £35 per week approx.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £119,000 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 : £119,000 (G9061)

www.NationwideBusinesses.co.uk