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Well equipped SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE

Price:
Leasehold - £80,000
Turnover:
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Seller Ref:
G5373
Location:

London, South London

Business Type:

Retail businesses

See Other:
Confectioners for sale in London
Supermarkets for sale in London
General stores for sale in London
Convenience stores for sale in London
Off licences for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP approx. 800 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. Well fitted including modern adjustable shelving, 1-2.75m open cool display unit (used for beers and wines), photocopier (on loan), counter, electronic cash register, cigarette gantry (on loan), additional open cool display unit (used for soft drinks and milk), Lucozade display fridge (on loan) etc.

Rear storeroom
Staff cloakroom with w.c. and wash hand basin

Basement (suitable for storage facilities if required)

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase especially with additional opening hours and the introduction of newspapers. Gross profit 24%.

We understand the premises are held on a secure renewable lease having approximately 13 years unexpired at a rental of £15,000 p.a. exclusive of rates up to October, 2009, increasing at that time to £16,000 p.a. exclusive of rates up to October, 2011 and further increasing at that time to £19,000 p.a. exclusive of rates up to October, 2014, with rent to be agreed thereafter.

Uniform Business Rates: £4,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED SELF SERVICE CONVENIENCE STORE, COMBINED WITH FULL FREE OFF LICENCE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, residential and commercial area, LONDON SW
Trading Hours:
10 a.m. - 11 p.m. seven days per week
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