Convenience Store Islington | | Islington London | | A Ground Floor Lock Up Convenience Store with Basement with a Self Contained 3 Storey Property Housing 4 Letting Bedrooms. Weekly takings £15,000, Oyster Cards/Top Up £10,000, Lottery £3,000, Paypoint £21,000 and Epay £250. Additional Income from 4 Letting Rooms £600pw. ref 38726 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65995 ADVERT IMPRESSIONS : 8,323 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Post Offices | | SALE: | Agent Sale | ASKING PRICE: | £210,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The business is situated on the very busy Caledonian Road in Islington, North London and benefits from an extremely high footfall. The Convenience Store is surrounded by a vibrant mix of High Street Retailers along with Independent Traders all in a distinct residential community with a majority of the commercial properties having a residential element.
The Caledonian Road is a central location with Arsenal Football Club to the North, Kings Cross to the South, Camden to the West and Hackney to the East.
The business was set up and Established by the current Vendors family for over 31 years and is held in high regard by its regular clientele that frequent the business.
We are advised that the average weekly retail sales are approximately £15,000. Futher income is generated from average weekly sales of Oyster Cards/Top Up £10,000, Lottery £3,000, PayZone £100-£150, Paypoint £20,000-£21,000 and Epay £250. We are also advised that income from the self contained 3 storey property with 4 letting bedrooms produces £600 per week.
There is potential to increase the opening hours as the business is currently only opening until 18:30pm 6 days a week.
The building itself is a self contained 3 storey property that has 4 letting bedrooms and significant space to allow more bedrooms and is currently producing £600 per week. There is no reason why this part of the property can not be put back to an owner occupier family home.
The business sells a variety of goods inclusive of Alcohol, Cigarettes, Pharmaceuticals, Toiletries, Household Goods, News, Magazines, Cards, Gifts Stationary and Confectionary. It houses a free cash machine. | | | | | | FOR SALE | | | | | REFERENCE: | 38726 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |