Convenience Store for sale

High Road Leyton, London, E10

Leasehold £80,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Full description

Tenure: Leasehold

Overview
Situated on High road Leyton which is a busy thoroughfare close to Leyton Midland Road tube station, this fully equipped and established business which is situated in a prime location to attract passing trade. This business has been owned by the vendor for the last 6 years during which time he has built up trade from a standing start and now informs us that he is turning over between 160,000pa - 170,000pa( without alcohol sale). However, he now wishes to sell due to other interests and an impending change of lifestyle.

The Premises
Operating on a single level trading floor and fully equipped with all fixtures and fittings included in the sale price. The shop floor is modern and bright with all fridges and shelving included. There is a kitchen, toilet and at the rear of the property there is large garden.

Financials and Price
The business is marketed at a very reasonable 85,000. Our vendor is aware that a new owner will need to lead from the front initially, or employ a manager to run the store hence the price reflects the vendor's wish for a speedy and uncomplicated sale. The business turns over between 160,000pa - 170,000pa( without alcohol sale). The rent only is 1216 pm, free business rate until 2022. The vendor's current lease is 14 years remaining, with no business rates making this business great value for money.

Potential
Currently opening only 7 days a week, weekday hours are 06:00 - 21:00 Monday to Sunday which can be extended as it has 24hours license. The premises has a alcohol licence which would be a source of revenue uplift, currently our client is not selling alcohol.

This is a great chance to acquire an established convenience store in a popular area.

Summary:
This is a rear and great opportunity to acquire a walk-in business. There are regular clientele and walk-in customers whom the owner expects to stay loyal to the business.

This is a great opportunity to acquire a thriving business, Call Now for further details: 01708607500


Nearest stations

  • Leyton Midland Road (0.2 mi)
  • Leytonstone (0.8 mi)
  • Walthamstow Central (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Century 21 Romford, Romford - Commercial

2 Celtic Farm Rainham, RM13 9GP

01700 395047 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Leyton Midland Road (0.2 mi)
  • Leytonstone (0.8 mi)
  • Walthamstow Central (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Century 21 Romford, Romford - Commercial

2 Celtic Farm Rainham, RM13 9GP

01700 395047 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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