Well established FULL FREE OFF LICENCE plus CONVENIENCE GROCERIES, COUNTER
Price:
Leasehold - £52,500
Location:
London, North London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 600/650 sq. ft. sales area with lino floor, suspended ceiling, fluorescent lighting and fully equipped including counter, electronic cash register, 3 double door glass fronted display fridges (1 used for soft drinks, 1 used for beers and wines whilst the other is used for milk and dairy produce), ice cream deep freeze (owned), adjustable shelving, greeting card display stand etc.
Large stockroom with shelving
Kitchen
Staff w.c. and wash hand basin
WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £350/£400 p.w. Gross profit 24% approx.
We understand the premises are held on a secure renewable lease, the present lease having 15 years unexpired from October, 2011 at a rental of £14,000 p.a. exclusive of rates up to 2011 with rent review at that time and thereafter every 5 years. (The present tenant has advised us they anticipate the rental will only be increased to approximately £14,500 for the next 5 years).
Uniform Business Rates: £1,600 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £52,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, opposite large hospital, sought after residential area, LONDON, N
Monday - Saturday inclusive - 8 a.m. - 9 p.m.
Sunday opening - 9 a.m. - 3 p.m.
North Yorkshire
£ 750,000
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