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Busy East European Convenience Store in Degenham, London, with Huge Growth Potential for Sale

City of London, London, ID 166376

Busy East European Convenience Store in Degenham, London, with Huge Growth Potential for Sale 1
Busy East European Convenience Store in Degenham, London, with Huge Growth Potential for Sale 1
Asking price:
GBP£140 000
Turnover (per year): £310 000 gbp
Owner
Owner's representative

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Description

Business type: Eastern European convenience store

Location: Dagenham, London

Sale type: company sale

Offers: invited

Financial Information

Annual turnover: more than £310,000

Profitability: reported as profitable by the seller

Products

  • Eastern European groceries
  • Continental food products
  • Alcohol
  • Convenience goods
  • Everyday household products

Trading Position

Setting: retail parade within a densely populated residential area

Customer base: established

Retail Equipment

  • Extensive retail shelving
  • Refrigerated display units
  • Freezer units
  • Current shop fittings

Additional Facilities

  • Kitchen
  • Shower area
  • Toilet

Events Hall

Location: rear of the premises

  • Large event space
  • Separate WC
  • Available for private hire

Upper Floor

Current use: storage

Possible future use: residential accommodation

Development Options

  • Increase the grocery range
  • Develop event hall bookings
  • Convert the upper floor
  • Introduce additional retail services

Details

Real Estate: Lease
Asking price: 140 000 gbp
Turnover (per year): 310 000 gbp

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