Convenience Store and Off Licence for Sale in London with Accommodation Above

Description

The business currently averages a weekly turnover of around £4,000, with a gross profit of approximately 30 percent. For the year ending March 2025, sales were £167,992, with a gross profit of £61,894.The premises are double fronted, approximately 560 sq. ft., with electric shutters, tiled flooring, plasterboard ceiling with tube lighting, and a CCTV system with three cameras. Equipment includes a sales counter, electric cash register, large open chiller, single-door fridge, double-door fridge, freezer, adjustable shelving, and display staging with a central gondola. Additional facilities include a store room, staff cloakroom with toilet and wash hand basin, and a basement of approximately 465 sq. ft. used for storage.Optional self-contained accommodation is available on an AST at £2,000 per month. The flat above has a separate entrance, gas-fired central heating, double-glazed windows, and comprises three bedrooms (two doubles, one single), kitchen, living room, and bathroom with bath, toilet, and wash hand basin.The asking price is £75,000, including the new secure renewable lease, goodwill, fixtures, and fittings, plus stock at valuation. Substantial finance may be available to approved applicants.