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Convenience Store, Off Licence Plus Delicatesen & Butchers In Illford For Sale

Ilford,Essex,UK, ID 139749

Convenience Store, Off Licence Plus Delicatesen & Butchers In Illford For Sale 1
Convenience Store, Off Licence Plus Delicatesen & Butchers In Illford For Sale 1
Asking price:
GBP £150 000
Turnover (per year): £442 000 gbp
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Description

Double-fronted premises measuring approximately 3,200 sq ft, fitted with a canopy and electric shutters. The sales area extends to around 1,500 sq ft and is equipped with air conditioning providing hot air, tiled flooring, and a suspended ceiling with fluorescent lighting. Facilities include a sales counter, two EPOS tills, three chilled display counters with refrigerated storage sections, a cake refrigerator, double-door drinks fridge, a 3.5-metre open chilled display unit used for cheese and milk, a double-door wine fridge, a 3.5-metre open chilled display unit for soft drinks, three glass-topped deep freezers, modern adjustable shelving, and dedicated vegetable shelving. A CCTV system with cameras and monitor is installed. The basement, measuring approximately 1,000 sq ft, is used for storage purposes and includes a toilet with WC and wash hand basin, three walk-in freezers, and a dumb waiter. A meat factory area of approximately 700 sq ft is fitted with a stainless steel extractor unit to the rear with three-phase electrics, meat smoker, tumbler, mixer, scales, mincer, two cutters, preparation table, and double sink with drainer. Additional facilities include two walk-in cold rooms, a staff room, and a toilet with WC and wash hand basin. There is also a garage holding a bakery licence, equipped with a stainless steel extractor unit and three-phase electrics, which is not currently in use. Location: situated within a parade in an excellent main road trading position, serving a residential, office, and commercial area of Essex. Turnover: we are informed by the owner that current takings average between £7,000 and £10,000 per week, with an approximate gross profit of 35%. Staffing: the business is currently staff-run with six full-time employees. Price: to include the secure renewable leases, goodwill, fixtures and fittings at £150,000, plus stock at valuation, estimated at approximately £50,000. Substantial loan available to an approved applicant.

Details

Real Estate: Lease
Equipment cost: 150 000 gbp
Employees (ppl): 6
Square m2: 297.29
Asking price: 150 000 gbp
Turnover (per year): 442 000 gbp

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