Off Licence & Grocery Store

 Established Convenience Shop, Stoke Newington

Asking Price: £140,000 – (Negotiable)

An established and profitable convenience retail business is available for sale in Stoke Newington, Hackney. The business benefits from established income streams across Oyster, Vape, Lottery and Newspaper sales, together with strong weekly shop takings and further potential for growth.

Business Overview

• Weekly Shop Takings: £10,000–£12,000

• Cigarette Sales: Approximately £2,000–£2,300 per week

• Oyster / Vape / Lottery / Newspaper Net Profit: Approximately £32,000–£40,000 per annum

• Annual Rent: £38,000, with rent review in 2028

• Business Rates: £7,000 per annum

• Lease: 16 years

• Electricity: Approximately £900–£1,100 per month

• Gas: None

• Asking Price: £140,000, open to negotiation

• Stock: Payable separately at valuation on the day of completion

The premises offer additional space that could be utilised to introduce further product lines and increase turnover. The existing Oyster, Vape, Lottery and Newspaper income provides a substantial contribution towards the annual rent and business rates.

The business represents an opportunity for an owner-operator or experienced retailer looking to acquire an established trading operation with existing turnover and additional scope for expansion.

Accounts and Information

Three years of annual accounts are available to qualified purchasers upon request.

Landlord information is also available upon request.

Sale Information

This is a quick sale, with the sale required to complete by October 2026.

Cash buyers only. Qualified buyers will be considered for viewings.

For further information, financial details or to arrange a viewing, please contact us.

Disclaimer

Nexus Estates provides a comprehensive and professional Sales and Lettings Service, If you are considering selling or renting out your property & invest in another, exploring buy-to-let opportunities, or seeking a complimentary assessment of your current portfolio, please reach out to us.