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Off License And Newsagent In East London For Sale

East London, London, UK
Asking Price:
£120,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Overview: A good running business with three-bedroom accommodation above with separate entrance which is under rented.
Prominent commercial and residential pedestrian location near to overground station and bus stop with a lot of footfall, business well established for the last 15 years, making a retirement sale leaving a fixed client base with goodwill in the area.
The shop has a main serving post office. Opportunity to increase business by adding newspaper rounds, magazines, Parcel service, Money Exchange, Fresh vegetables, fruits, Bakery, and new lines of business.

The Premises: Newly fitted last year, well-maintained shop, CCTV, security system electric shutter, new chillers. The shop is double fronted having a floor area of 1200 Sqft plus a large storage area, garage, and 1 car park on the rear of the shop.

Income: Sale from shop £6000 P.W., Commission from post office £2500 P.W.,

Rental income from flat above £950 P.M. which is under rented can achieve £1300 P.M.

Rent: £21500 P.A.

Rate: £4000P.A.

Timings: Monday to Saturday from 08.00 A.M to 08.00 P.M.
Sunday 10.00 A.M. to 05.00 P.M.

Financials and Price: The business is marketed for £------ Plus Stock as per valuation, it includes the goodwill, fixtures & fitting. (fixed price, no offer)
.
Tenure: Lease remaining for 04 years with rent review every 5 years, renewable lease after 4 years.

Call BTC for further details and appointment for viewing: --- ---- ----

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