EffKay Local Food & Wine Convenience Store

EffKay Local Food & Wine Convenience Store

ASKING PRICE : Asking Price £119,950 Rent £2,000 per month for lock up.

AT A GLANCE

  • Weekly sales circa £8,00 plus excl. services
  • FREE Parking to the front and the side of the store for a limited time
  • Relied upon by the local community
  • Based in a huge residential area
  • Amongst a busy shopping parade
  • Fitted to the HIGHEST standard
  • Beer Cave
  • Energy Rating D
  • A leasehold convenience store located in a busy estate.
  • A rare opportunity to acquire an established off licence and convenience store.
  • Current owner is looking to retire due to ill health.
  • This site has lots of storage at the back. The site is staffed full time therefore it has huge potential to increase sales with onsite management.
  • This would be ideal as a family run store, or it would suit a hand's on multi store operator.

LOCATION

This property is on a huge estate in Central London. The site benefits from being surrounded by an extensive residential area and based in an extremely busy shopping parade with parking which has a limited time. The shop has potential to do so much better as the current owner has been forced to step back due to ill health. Located in a pleasant area.

INTERNAL DETAILS

The store is equipped with all required chillers, freezers, shelving and gondolas. The business sells a full range of products as would be expected for a convenience store, including, alcohol, tobacco, confectionery, frozen, ice creams and general items of convenience. This business has a potential to increase sales by increasing hours. Currently opens at 7am 10pm. Current sales are around £9,000 per week excluding services such as Lottery & PayPoint. Has parcel service which generates an income too.

External Details

The business benefits from having free parking to the front and side of the store for customers but timings are limited.

FIXTURES & FITTINGS

We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.

THE OPPORTUNITY

This local convenience store is relied upon by the local community. The potential is huge as it has everything a business needs except for the will and power to push the business from strength to strength due to poor health.

TRADING INFORMATION

Trading information shows average weekly sale of circa £8,000 plus per week excluding services.

TRADING HOURS

Monday to Saturday 07:30 - 22:00
Sunday 08:00 - 21:00

Regulatory

Premises Licensed

BUSINESS RATES

The current owner has advised that the store benefits from some small business relief on business rates. Purchasers however should make their own enquiries with the relevant local authority.

VIEWING

No direct approach may be made to the property. For an appointment to view please contact the agent.