Convenience Store for sale in Dagenham RM8 Ref No: 21313
A rare opportunity to acquire an established thriving Convenience Store, trading for over 25 years in the same hands. Due to the limited trading hours it poses an excellent opportunity for business growth, need full time management.
Overview: Situated on a Junction road connecting A1083 in a residential location, attracts passing trade, having visibility on one of the main routes to a nearby school, leisure centre. This business has been owned by the vendor for years and there is a broad customer base with good customer relations thereto attracting a strong goodwill. The business Turn Over can exceed beyond £6000 a week, with the increase of trading hours and introduction of new lines.
The Premises: Operating on a single level trading floor of 650 sqft aprox with with the new rear extension. Need shelf fittings for the extend portion. All fixtures and fittings in fair condition. The shop is equipped with CCTV, electric shutter, with all fridges, equipment and fittings included.
Timings: Opening hours From Monday to Friday 08A.M – 06P.M and Saturday 8.30A.M to 06.00 P.M, Sunday 08.A.M – 02P.M.
Financials and Price: The business is marketed for £59000 plus stock. It includes the goodwill, fixtures & fitting. The business is turning over £6000 per week. The rent is £15,000 per annum. Benefiting from small business relief there are at present no rates to pay.
Tenure: Leasehold (New 16 years lease with rent review every 4 years)
New 16 years lease with rent review every 4 years