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Profitable KIOSK selling NEWS, CONFECTIONERY, TOBACCO, SANDWICHES, TEAS & C

Price:
Leasehold - £39,000
Turnover:
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Seller Ref:
C7760
Location:

Middlesex

Business Type:

Food Service Businesses, Retail businesses

See Other:
Coffee shops for sale in Middlesex
Tea rooms for sale in Middlesex
Card shops for sale in Middlesex
Newsagents for sale in Middlesex
Confectioners for sale in Middlesex
Food service businesses for sale in Middlesex
Retail businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SINGLE FRONTED KIOSK with 2 entrances, recently refurbished. Tiled floor. New counter, electronic cash register, 2m open cool display unit (used for soft drinks), automatic coffee machine (on lease to be taken over) etc.

Small stock area

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £200 p.w. In addition we understand there is a turnover of approximately £500 p.w. in respect of mobile phone accessories plus a further additional turnover of £500 p.w. in respect of phone top-up cards. The vendor has stated the overall gross profit is in excess of 30%. We are advised by the vendor they receive a commission from Lyca & LebAra £100 per month for advertising.

We understand the premises are held on a secure lease from Tansport for London for a period of 6 years from January, 2011 at a rental of £8,500 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,100 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 plus STOCK AT VALUATION (£10,000 approx).
LOAN POSSIBLE TO AN APPROVED APPLICANT
Location Details:
Adjoining Underground Station, MIDDLESEX
Trading Hours:
Monday - Saturday inclusive - 6 a.m. - 6 p.m.
NO SUNDAY TRADING
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