SMALL REAR SECTION of the shop operated as an Internet Café with 4 computers
Staff w.c. and wash hand basin.
Turnover : WE ARE INFORMED the turnover currently averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £700 p.w. Gross profit we are informed in the region of 25%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £150 p.w. The business also has Oyster which we understand provides a further commission of approximately £100 p.w. We further understand that there is an income of £70/£80 p.w. in respect of the Internet Café plus an additional £75 p.w. income. In addition the business has Paypoint which we understand provides a further commission of approximately £60 per month.
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £69,950 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 6.30 a.m. - 7.30 p.m.
Sunday opening - 7.30 a.m. - 6 p.m.
Number of Employees:
The business is at present operated by the vendor's wife & daughter plus 1 full time staff.
Accommodation Details: Yard at rear
Situated in a parade, excellent main road trading position, LONDON, N
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