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European convenience store and deli for sale in Woolwich London

Woolwich, London, ID 166388

European convenience store and deli for sale in Woolwich London 1
European convenience store and deli for sale in Woolwich London 1
Asking price:
GBP £74 995
Turnover (per year): £312 000 gbp
Owner
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Description

Key Features Established Community Presence Established for Many Years Fixtures and Fittings Included Prime Central Location Business Details European Convenience Store, Off Licence and Deli for Sale in Woolwich, London A well-established European convenience store with off licence and deli, located in a prime high street position in Woolwich, London. The business achieves a weekly turnover of approximately £6,000, operating with a gross profit margin between 40 and 60 percent. The business currently trades from 09:30 to 18:00, seven days a week, offering potential to extend opening hours and increase revenue. The premises comprise an impressive two-storey unit of approximately 1,800 sq. ft. The leasehold price is £74,995. Annual rent is £23,500, with business rates of £2,232 per annum. The lease term is 10 years, with approximately four years remaining. The property holds A1 use and an off licence. Viewing is strictly by prior appointment. Confidentiality is required, and further details are available upon request.

Details

Real Estate: Lease
Square m2: 167
Asking price: 74 995 gbp
Turnover (per year): 312 000 gbp
Rent (per year): 23 500 gbp

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