Profitable SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOB
Price:
Leasehold - £130,000
Location:
London, South London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 700 sq. ft. sales area with tiled floor, suspended ceiling with fluorescent lighting and fully equipped including counter, till, EPOS scanning system, 1 deep freeze, large open cool display chiller (used for wines and beers), 1 additional large open display chiller (used for milk, dairy produce etc), centre display gondola, modern adjustable shelving etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Large basement used for storage purposes
WE ARE INFORMED the turnover averages £13,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £650 p.w. Gross profit 25% approx. In addition the business has Oyster and we understand this provides a further reveue of approximately £50/60 p.w. In addition the business has Paypoint and we understand this provides a further revenue of approximately £70/£80 per month.
We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £21,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform Business Rates: £6,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURS & FITTINGS £130,000 plus STOCK AT VALUATION (£30,000/£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, sought after residential area, LONDON, SW
Monday - Thursday inclusive - 7 a.m. - 12 midnight
Friday & Saturday - 7 a.m. - 2 a.m.
Sunday
North Yorkshire
£ 750,000
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