Convenience Store in City of London with Modern Setup and Secure Lease

Description

Business type: retail shop

Tenure: leasehold

Financial Information

Average weekly turnover: approximately £4,500

Gross profit margin: approximately 22%

Commission Income

PayPoint commission: approximately £70 per month

EURO Luggage commission: approximately £200 per month

Alcohol Sales

Current alcohol sales: not included

Products that could be added:

• Wine
• Beer
• Spirits

Licence requirement: Personal Licence and Premises Licence

Retail Premises

Ground-floor area: approximately 585 sq. ft

Frontage: double fronted

• Security shutters
• Laminate strip flooring
• Suspended ceiling
• LED panel lighting
• Sales counter
• Cash register
• Modern adjustable shelving

Retail Equipment

• 3.75-metre open display chiller
• Two glass-topped deep freezers
• Five-camera CCTV system
• One CCTV monitor

Additional Facilities

• Kitchen
• Staff toilet with wash hand basin

Basement

Basement area: approximately 285 sq. ft

• Two rooms
• Toilet with wash hand basin
• Shower

Sale Terms

Asking price: £23,000

The price includes:

• Renewable leasehold interest
• Goodwill
• Fixtures
• Fittings

Estimated stock value: approximately £14,000

Stock purchase: additional at valuation

Funding

Business finance: may be available to approved applicants