East Street, London, London, SE17

Leasehold Business for Sale – Pound Plus & Household Store

📍 East Street, London, SE17

An excellent opportunity to acquire a well-established Pound Plus and Household Store situated on the busy and popular East Street in South London. Occupying a prominent trading position with strong footfall, the business has built a loyal customer base and offers significant scope for further growth.

The business specialises in a wide range of household goods, hardware, cleaning products, kitchenware, DIY essentials, toys, seasonal items, stationery, and everyday convenience products, making it a popular destination for local residents.

Currently operated on limited management, the business generates an average monthly turnover of approximately £15,000. A new owner with hands-on management, an expanded product range, improved merchandising, and longer opening hours could significantly increase sales and profitability, presenting an excellent opportunity for an owner-operator or experienced retailer.

The premises are held on a leasehold basis with approximately 7 years remaining on the lease. The current rent is £16,000 per annum, with the latest rent review already completed. Business rates are approximately £6,000 per annum. The landlord retains a 6-month break clause. The business currently trades Monday to Sunday from 9:00 am to 7:00 pm.

The sale includes all fixtures and fittings, with stock to be purchased separately at valuation.

Key Features

Well-established Pound Plus & Household Store
Prime trading location on busy East Street
Average monthly sales of approximately £15,000
Huge potential to increase turnover under owner management
Wide range of household, hardware and convenience products
Leasehold premises with approximately 7 years remaining
Rent: £16,000 per annum
Business Rates: Approximately £6,000 per annum
Rent review already completed
Landlord's 6-month break clause
Trading Hours: 9:00 am – 7:00 pm
Fixtures & fittings included
Asking Premium: £70,000 + Stock at Valuation

This is an ideal opportunity for first-time business owners, family operators, or experienced retailers looking to acquire a profitable business with excellent growth potential in a high-footfall London location.