Convenience Store and Groceries for Sale in London with 24-Hour Alcohol License

Description

Business type: convenience store and off-licence

Tenure: leasehold

Asking price: £120,000

Financial Information

Average weekly turnover: approximately £5,000

Gross profit margin: approximately 25%

Alcohol Licence

Licensed alcohol hours: 24 hours

Current trading schedule: shorter than the licensed hours

Premises

Floor area: approximately 980 sq. ft

• Double-fronted shop
• Electric shutters
• Tiled flooring
• Suspended ceiling
• Spot and fluorescent lighting

Retail Equipment

• Sales counter
• Cash register
• Cigarette display unit
• Adjustable retail shelving
• Seven-metre open display chiller
• Wall’s ice cream freezer
• CCTV system with 16 cameras and one monitor

Additional Facilities

• Stockroom
• Deep freezer
• Kitchen
• Staff toilet with WC and wash hand basin

Sale Contents

• Renewable leasehold interest
• Goodwill
• Fixtures
• Fittings

Estimated stock value: approximately £40,000

Stock: purchased separately at valuation

Funding

Business finance: may be available to approved applicants