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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Newsagent Convenience store for quick retirement sale

Romford, London
Leasehold Price:
£15,000
Status
SOLD / WITHDRAWN
Advert ID
240232

News/Convenience business for sale

Interested party must be able to complete quickly. Please only apply if you are seriously interested and financially sound. Pay landlords legal fees and landlord may require 3 to 6 months rent in advance.

Asking Price is £15000.00 plus stock at value, including all fixture and fittings: Blisstop up printer system, Cigarette Gantry, three display tables recently ordered for outside shopfront use, CCTV system monitor, three fridges, three freezers, A Brand new Ceiling Air condition unit recently installed still under first-year warranty.

 

Well established corner shop with three-bed accommodation above currently generating an income of £1100. Pounds per month. Secure renewable lease until 2030, current annual rent £16,000.

NO Business Rates. Rent renew in 2020. Business is located in Hornchurch Romford RM1.1BH

Current business activities include selling newspapers, cigarettes, confectionery, convenience grocery, greeting cards, gift bags, photocopying, phone accessories, top-up phone services and Oyster. Lottery started last week.

Future Growth in introducing Frozen foods, a coffee, vape centre and vegetables is future growth area to be considered.

Ample parking space at the side of the building and great storage facilities. Potential and scope of opening up making shop bigger already agreed with the landlord and change of use.

 

Listing Details
Leasehold Price: £15,000
Tenure: Leasehold
Location: Romford, London
Sector: Newsagents, Convenience Stores
Key Features
  • Small Business
  • Established Business
  • With Car Park
  • Price Reduced
  • With Accommodation
  • Price Further Reduced
  • Retirement Sale
  • Potential for Alternative Use
  • Ideal for Full Refurbishment
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