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Self Service Convenience Store and Post Office for Sale in City of London

City of London, London, ID 166370

Self Service Convenience Store and Post Office for Sale in City of London 1
Self Service Convenience Store and Post Office for Sale in City of London 1
Asking price:
GBP £250 000
Turnover (per year): £806 000 gbp
Owner
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Description

The business averages a weekly turnover of approximately £15,500, with potential to increase under new management. Additional revenue comes from Oyster commission, estimated at £100 per week, and PayPoint commission, also around £100 per week. Post Office income totals approximately £30,000 per annum. The premises feature a spacious double-fronted sales area of about 800 sq. ft., with tiled flooring and fluorescent lighting. Equipment includes a counter, two EPOS tills with scanning, modern shelving, two large glass-topped chest display freezers, an open 3.75m cool display unit for dairy and beverages, an open 1.5m cool display unit for wines and beers, a three-door glass-fronted soft drinks fridge on loan from Coca Cola, an upright glass-fronted display fridge, Haägen-Dazs ice cream freezer, and an additional glass-topped ice cream freezer. A single-position Post Office counter is included. To the rear, there is a stockroom with a chest deep freezer and a double-door glass-fronted fridge, along with a staff WC. The asking price is £250,000, including the secure lease, goodwill, fixtures, and fittings, plus stock at valuation of approximately £50,000. Substantial finance may be available to approved applicants.

Details

Real Estate: Lease
Square m2: 74
Asking price: 250 000 gbp
Turnover (per year): 806 000 gbp

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