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Well equipped SELF SERVICE STORES, FULL FREE OFF LICENCE

Price:
Leasehold - £45,000
Turnover:
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Seller Ref:
G5996
Location:

London, South London

Business Type:

Retail businesses

See Other:
Confectioners for sale in London
Supermarkets for sale in London
Convenience stores for sale in London
Off licences for sale in London
General stores for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Forecourt/Pavement area used for display purposes

Tiled floor in the region of 300/350 sq. ft. sales area with fluorescent lighting, 1-1.5m open cool display unit, modern adjustable shelving, large glass sliding topped chest deep freeze plus 1 additional glass fronted chest deep freeze, upright double door glass fronted fridge, 2.5m open cool display unit (used for beers and soft drinks), counter, cigarette gantry (on loan), electronic cash register, 3-tier ice cream deep freeze.

Stairs to large basement comprising 3 rooms, ideal for storage purposes
In addition staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit we are advised by the vendor is in the region of 30% approx.

We understand the premises are held on a secure renewable lease for a period of 20 years from the 1st September, 2009 at a rental of £8,950 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £1,090 p.a. approx. (after small business relief). We are further advised that nil rates are payable until October, 2011.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated end of parade, busy road, densely populated residential area, LONDON SE
Trading Hours:
7 a.m. - 11 p.m. seven days per week
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