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Profitable Convenience Store in City of London Awaits New Ownership

City of London, London
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Convenience Store for SaleConvenience Store for SaleConvenience Store for Sale
  • Status

    FOR SALE

  • Date Submitted:

    25/01/23

  • Advert ID

    507150

  • Reference

    G8948 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £27,000
  • Turnover: £234,000 (£4,500 Per week)
  • Net Profit: Not Applicable

Business Details

Convenience Store for Sale

WE ARE INFORMED by the owner the turnover currently averages £4,500 per week with a gross profit of 22% approx. In our opinion the business offers terrific potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Personal & Premises licence.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

PAY POINT £70 per month approx.
EURO Luggage £200 per month approx. FEATURES:
DOUBLE FRONTED PREMISES in the region of 585 ft² with SHUTTERS. Laminated strip floor, suspended ceiling with LED panel lights. Sales counter, cash register, 3.75m open cool display unit, 2 glass topped deep freezers, modern adjustable shelving. CCTV system (5 cameras, 1 monitor)

Kitchen

Staff toilet with w.c. and wash hand basin

Basement in the region of 285 ft²
2 Rooms
Toilet with w.c. and wash hand basin and shower PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £27,000 plus STOCK AT VALUATION (£14,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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Contact Agent

Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Convenience Store for Sale - G8948 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.