Londis Forest Road

Overview

An outstanding opportunity to acquire a recently refurbished and well-established branded convenience store, positioned within a busy and densely populated area of East London.

The business has been significantly enhanced through a full refit, representing a circa £40,000 investment, resulting in a modern, well-presented retail environment that requires no immediate capital expenditure.

Operating under a recognised national convenience brand, the store benefits from strong supplier relationships, brand recognition, and a consistent level of repeat custom. The business is currently family-run and delivers strong levels of profitability, with clear potential for further growth under a more structured or extended operational model.

Business Highlights

- Annual turnover of around £250,000
- Net profit of approximately £48,000 per annum
- Recently completed high-quality refit representing a circa £40,000 investment
- Trades under a recognised national convenience brand agreement
- Multiple complementary income streams including coffee, bakery, food-to-go, PayPoint and parcel services
- Prime, high-footfall trading position within a densely populated residential area
- Potential to access a two-bedroom apartment above and to acquire the freehold by separate negotiation
- Turnkey business requiring no immediate capital expenditure

The Business

The store operates under a recognised national convenience brand and has traded as a well-established convenience retail business serving the local community. It is currently family-run and benefits from strong repeat trade driven by its essential service offering and multiple complementary income streams.

Revenue streams include core convenience retail sales, a branded coffee machine, a fresh bakery and food-to-go offering, PayPoint services, and parcel collection and drop-off services covering four national carriers. These multiple revenue streams not only increase turnover but also significantly enhance footfall and cross-selling opportunities, underpinning consistent daily custom and customer retention.

The combination of a recognised brand, a highly visible location and essential service offerings makes the business defensible and resilient, built on a strong local reputation and repeat trade.

Location

The business is situated in East London, on a well-established and high-traffic thoroughfare surrounded by dense residential housing and local amenities.

This prime trading position ensures consistent footfall throughout the day, supported by a large local residential population, passing vehicular and pedestrian traffic, and proximity to local services and community infrastructure. The location is ideally suited to a convenience retail offering, with strong demand for everyday essentials, food-to-go, and service-based offerings such as parcel collection and PayPoint.

Premises & Tenure

The shop is fitted to a high standard following the recent refurbishment and includes modern refrigeration units, shelving and display systems, an EPOS system, a branded coffee machine, a bakery setup, and storage facilities. The layout is efficient and well-suited to both owner-operation and managed operation.

A well-proportioned two-bedroom apartment is situated above the commercial premises, comprising a kitchen, lounge and two bedrooms. The residential accommodation is not included within the lease; however, the incoming purchaser will benefit from a first right of refusal to occupy and rent the apartment if and when it becomes vacant, providing valuable future flexibility.

The business is offered on a leasehold basis, with a new lease to be issued relating solely to the ground floor retail premises. The vendor has indicated that the freehold interest may be made available by separate negotiation, presenting a compelling opportunity for a purchaser seeking long-term security, asset ownership, and additional investment value.

Financial Overview

The business is a stable, cash-generative retail operation delivering strong profitability. The IM expressly provides the following headline figures:

- Annual turnover: £250,000
- Net profit: approximately £48,000 per annum

Stock is available by separate valuation on a stock-at-value basis.

Growth Potential

There are several clear opportunities to further develop the business:

- Home delivery integration via established third-party delivery platforms
- Extended trading hours to enhance turnover
- Operational scaling by introducing staff to move from a family-run model to a more scalable structure
- Product expansion in high-margin categories such as fresh food, alcohol and premium convenience lines
- Future residential income through use of the apartment, subject to availability, for rental income or owner-occupation

Reason for Sale

The business is being made available due to the vendor's non-related business interests.

Next Steps

This is a highly attractive, turnkey convenience store opportunity in a prime East London location. With a recent high-quality refit, strong and diversified income streams, and a clear pathway for growth, the business offers immediate profitability alongside future upside, further enhanced by the potential to access residential accommodation and acquire the freehold. Interested parties are encouraged to make contact with Goodwins Business Brokers to discuss this opportunity further. Full details are available in the Information Memorandum.