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High Street Licensed Supermarket With Flat At The Back For Sale

Newham London
Very Good,Four Star Convenience store and Off Licence on High Street. Stable turnover. Decent, nice area. Long about 7yrs fully renewable lease for another 12 years. Fully refurbished&equipped. Large, clean, high-ceiling cellar for storage. Self contained flat Lease to let or rent High Street Licensed Supermarket With Flat At The Back For Sale is located in London.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 30608
ADVERT IMPRESSIONS : 12,233 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Private Sale

LEASEHOLD:

£69950

ANNUAL RENT:

£11500
 

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BUSINESS DETAILS:

Established 35 years ago. Business turnover: about £7000 per week. Gross profit 30% approx. Tenure: premises are held on a secure renewable lease having approximately 7 years unexpired at a rental of £11,500 per annum. Exclusive of rates for the next 2 years, with rent to be agreed thereafter. Uniform Business Rates: £4,900 per annum. Business location: DOUBLE FRONTED MEDIUM SIZED SALES SHOP occupying a corner position, tiled floor, suspended ceiling with concealed lighting. Decent and good busy location. High Street, Manor Park, London E12. Business completion: modern adjustable shelving, tiled floor, suspended ceiling with concealed lighting, newly refurbished and fully equipped, new tobacco gantry, new fixtures and fittings, Multideck display deep freeze, large 3 meters long open cool display unit, 4 fridges, 4 multivision three-level freezers, plus 1 huge storage freezer, CCTV with infrared camera, 2 monitors, microphone camera, digital recorder for 32 cameras, in total 7 cameras, EPOS stock control system with back office computer and touch screen till, huge cassete Air Conditioner, etc. There is no any equipment on loan. Total ground floor store square 140 square meters plus huge 90 square meters cellar at the basement plus bedroom on the first floor. Living accommodation: 2 reception rooms, 1 bedroom, kitchen with washing machine, toilet and shower cabin, Central heating, boiler, etc. Could be rent out separate from the shop and do additional income £700 - £800 per month. The business is at present operated by a husband and wife team with the assistance of family help. Reason for sale: Family divorce. Trading hours: 10am - 11pm. Seven days per week. RECOMMENDED FOR EARLY VIEWING!
   
  EXPIRED - AWAITING DELETION
   

REFERENCE:

30608 / RightBiz
   
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