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Homeware Convenience Store Dagenham Ilford Borders Essex

Dagenham Essex
NO REASONABLE OFFER REFUSED VERY BUSY PARADE - EXCEPTIONAL PROFIT MARGIN - HUGE POTENTIAL - 500 SQ. FT. APPROX. - CHEAP RENT - FORECOURT DISPLAY - MUST BE VIEWED - EASY HOURS
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 48676
ADVERT IMPRESSIONS : 9,161 TIME(S)

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

ASKING PRICE:

£20,000

LEASEHOLD:

£20,000

ANNUAL RENT:

£9,750
 

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BUSINESS DETAILS:

VERY BUSY PARADE - EXCEPTIONAL PROFIT MARGIN - HUGE POTENTIAL - 500 SQ. FT. APPROX. - CHEAP RENT - FORECOURT DISPLAY - MUST BE VIEWED - EASY HOURS

LOCATION:
We are favoured with instructions to offer for sale this popular Homeware and Convenience Store, situated on one of the busiest parade of shops on the Dagenham / Ilford border. The shop is surrounded by well known shop names and is next door to a Santander Bank. Also the business has a bus stop directly outside the shop.

DESCRIPTION:
As previously mentioned the property is approached via a busy trading area and has a spacious forecourt for display of goods etc. The shop is approached via a glass door directly into the shop unit of approximately 500 sq.ft. The walls of the unit are completely shelved for the display of goods and there is a central gondola which is also fully shelved for the display of goods, serving counter with electronic till, cigarette gantry and various displays for crisps, cards etc.

TURNOVER:
We are informed by the Vendor the current turnover is some £2,500 per week and producing a profit margin of some 40%. However, we believe, with the addition of stock lines of a different nature, this turnover could be increased.

HOURS:
The business is currently trading between the hours of 8 am until 8 pm Monday through to Sunday. However, we are informed by the Vendor the business is not restricted for trading any hours.

STAFF:
We understand the business is managed by the Vendor and he is assisted by one full time member of staff and two part time as and when required.

TENURE:
The premises are held on a very secure lease with four years remaining at a current rental of £9,750 per annum. We understand the Landlord would be happy to look at a new lease situation immediately.

PRICE:
We are instructed by the Vendor to offer for sale this extremely lucrative business at the very realistic price of £20,000 (NO REASONABLE OFFER REFUSED) to include the remainder of the lease, goodwill, fixtures and fittings. Stock to be purchased at valuation.

AGENT’S NOTE:
The Vendor’s Agents urge all interested parties to view this business immediately to see the huge potential of this business.

VIEWING: By prior appointment with PPS on 01702 602888 or 01268 680511.
   
  FOR SALE
   

REFERENCE:

NTC / 206 / RightBiz
   
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