Afro Caribbean and Continental Convenience Store in London with expansion potential

Description

This Afro-Caribbean and continental convenience store with fruit and vegetable offerings generates weekly sales of approximately £1,600, with a gross profit of around 50 percent. There is strong potential to introduce the sale of beers, wines, and spirits, subject to local authority approval.The premises cover approximately 475 sq. ft. and feature electric shutters, laminate flooring, and a suspended ceiling with tube lighting. The ground floor, around 350 sq. ft., includes a sales counter, traditional electronic cash register, two chest freezers, two open-fronted chillers, display racking, scales, and adjustable shelving.The lower ground floor has a store room, staff cloakroom, and toilet with wash hand basin. A basement of about 125 sq. ft. is shelved and used for storage.The sale includes the secure renewable lease, goodwill, fixtures, and fittings at £30,000, plus stock at valuation. Substantial finance is available to approved applicants.