East London,London,UK, ID 139797
Single-fronted premises measuring approximately 550 sq ft, fitted with electric shutters and a CCTV system with 10 cameras. The property features tiled flooring and a suspended ceiling with LED lighting. Facilities include a sales counter with EPOS cash register, two large open display chillers, a chest freezer, dairy fridge, and modern adjustable shelving. Two stockrooms are provided, along with a staff cloakroom with toilet and sink.
Location: situated within a parade in a main road trading position, serving a densely populated residential area of East London.
Turnover: we are informed by the owner that the current turnover averages £11,500 per week, with an approximate gross profit of 28%. It is also understood that, in addition to turnover, the business receives commission of approximately £80 per week from the National Lottery and around £150 per week from Parcel Plus.
Staffing: the business is presently operated by the vendor with four full-time and one part-time members of staff. The wage bill is understood to average approximately £1,250 per week.
Price: to include the lease, goodwill, fixtures and fittings at £170,000, plus stock at valuation. Substantial loan available to an approved applicant.
