Convenience off License/News Agent/East London/Ref No: 24891
COUNCIL RENT, NO COMPETITION, LONG ESTABLISHED BUSINESS
An opportunity to acquire a prominent residential location No Competition, News agent and Convenience Store, in center of the residential area an excellent opportunity for business growth can add pay point, Green groceries, Fruits, Bakery, and new lines of business, need full time management.
Overview: shop is on a walking distance to station covering business opportunity main road position, on a main road shops, lot of passing trade, good customer relations established for last 30 years attracting a strong goodwill.
The Premises: Shop floor of 1200 Sqft, storage space, with fixture and fittings, freezers, chillers, CCTV, electric shutter, toilet and pantry.
Weekly T/O: £9500 P.W.
Rent: £7500 P.A
Rate: £1700 P.A
Timings: Opening hours From Monday to Saturday 06.30 A.M – 6.30 P.M. Sunday 08.00 to 02.30
Financials and Price: The business is marketed for £125 000 it includes the goodwill, fixtures & fitting. Plus stock as per actual.
Tenure: Leasehold 06 years remaining.