Recently established newly fitted SELF SERVICE CONVENIENCE STORE, NEWS, CON
Price:
Leasehold - £130,000
Location:
London, South London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Spacious single fronted Sales Shop approx. 900 sq. ft. sales area. Air Conditioned. Newly modernised and newly fitted. Ceramic tiled floor, suspended ceiling with concealed lighting. The equipment includes counter, 1 electronic cash register, 1 open cool display unit (for beers and wines etc), 1 additional open cool display unit (for soft drinks), upright single door drinks display fridge (for milk), freezer for frozen foods, 2 ice cream fridges, modern adjustable shelving, centre display gondola etc.
Large basement partly used as an Internet Café with 8 PC's. We understand the charge per PC is £1 per hour.
Staff cloakroom with w.c. and wash hand basin
Pedestrian access to rear of shop
WE ARE INFORMED the turnover currently averages £8,500 / £9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £400 p.w. Gross profit 24% approx.
We understand the premises are held on a new 16 years lease from July, 2005 at a rental of £27,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent trading position, LONDON SW
Sunday - Thursday inclusive - 7 a.m. - 11 p.m.
Friday & Saturday - 7 a.m. - 1 a.m.
North Yorkshire
£ 750,000
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