Convenience Store for sale

Sunrise, 2 Brewer Street, London, England, W1F 0SA

Under Offer £130,000

Property Description

Commercial information

  • Business for sale

Key features

  • 10,000 weekly shop sales
  • Advised Gross Profit Margins of 40-45%
  • New Lease - 15 year term
  • High footfall West End location
  • Additional turnover from Lottery and Bus Pass
  • Loan available via Christie Finance, subject to status. Energy Rating F

Full description

Tenure: Leasehold

Description

The building is a mid terraced, red brick property with ground floor glass frontage.

Location

This well established A1 convenience store is on Brewer Street, in the heart of London's busy and vibrant West End, surrounded by bars, nightclubs, shops and restaurants. The area experiences exceptionally high footfall and has three nearby tube stations, Piccadilly Circus, Leicester Square and Covent Garden.

Internal Details

The interior of the property contains a range of shelving, fridges, a cigarette gantry, CCTV and serving counter. There is a ground floor sales area of 255 sq ft with a basement storage area of 430 sq ft (both figures according to VOA).

Fixtures & Fittings

We're advised that all fixtures and fittings are owned outright and will be included in the sale.

External Details

Bright, vibrant signs advertise the products on sale.

The Opportunity

Sunrise is part of a group of convenience stores in London and has exceptional profit margins, with little competition nearby. The store does not currently offer Lottery, Buss Pass or PayPoint, and increased profits could be achieved if they were introduced.

Staff

The business is currently operated by full time and part time staff.

Trading Information

We're advised the current weekly shop sales are in the region of £10,000, with an average gross profit margin of 40-45% across all products sold.

Trading Hours

9am-4am Monday-Sunday

Business Rates

Rates payable are in the region £10,000 per annum. The Rateable Value is £25,000 (VOA) for the year commencing April 2010.

Regulatory

Premises License.


More information from this agent

Nearest stations

  • Piccadilly Circus (0.2 mi)
  • Leicester Square (0.3 mi)
  • Tottenham Court Road (0.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 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

  • Piccadilly Circus (0.2 mi)
  • Leicester Square (0.3 mi)
  • Tottenham Court Road (0.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 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.

Disclaimer - Property reference 2411423-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co , London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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