Pound Shop Discount Store for Sale in Ilford High footfall Next to Main Bus Stop and Station

Pound Shop / Discount Store – Business for Sale

Prime Location
Well‑established Pound Shop / Discount Store located directly opposite a very busy bus station and just a few seconds’ walk from the main station. High footfall throughout the day makes this an excellent trading position.

Key Property Details

·         Shop Size: Approx. 500 sq ft plus a small basement for excess stock storage

·         Rent: £2,050 per month

·         Business Rates: £Nil

·         Lease: 8 years remaining. Landlord willing to grant a new 10 or 20‑year lease for the right buyer

Sale Structure & Price

·         Asking Price: £50,000 for assets only (excluding stock)

·         Stock: Not included in the price. Stock will be counted at completion and purchased separately (estimated value approx. £25,000)

·         Goodwill: Nil – price purely reflects the value of high‑quality assets and fit‑out

Reason for selling

Average weekly sales - £3,000 but huge potential if shop is run properly

I bought the shop for my dad, who is too ill to come to the shop, and I am chartered accountant for 16 years and I don't have time to run my own accountancy firm and this shop together.

The shop currently has worker 5-6 days per week with my brother in the shop for 1-2 days per week to keep it going.

The shop has huge potential if someone run it properly and make changes like adding Oyster, Lottery, Cigarettes, License, perhaps fruit and Veg outside. I am too busy in my own accountancy business to spend any time in the shop or make any changes.

The shop is near Goodmayes Station and main Goodmayes bus stop is right outside shop so there is a lot of footfall.

Assets Included in Sale

All assets were bought brand new and are of high quality.

Shop Fit‑Out & Exterior

·         Full shop renovation – new flooring, walls, ceiling and complete refurbishment

·         New shopfront

·         New shutter

·         New awning

·         New shop sign

·         Access ramp

Shelving & Displays

·         Shelving throughout the shop

o    2 double gondola lanes

o    2 single gondola lanes

·         New shop counter

·         Storage shelving units × 6

·         Card stand

·         External shop stands – baskets × 2

·         External shop stands – crisp stands × 2

·         Vape cabinet

Equipment & Systems

·         EPOS Now till system

·         Alarm system

·         CCTV system with 7 cameras providing full shop coverage

·         CCTV monitor

·         Freezer

·         Chill frost – new chiller

·         Microwave

·         Other miscellaneous equipment