Convenience Stores for sale in North London

View the "Convenience Store and Fruit & Greens Shop in North London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £220,000 Weekly Turnover: £13,000
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Business Description
The business has been in the same hands since 1994 & there are genuine reasons for sale

Forecourt area used for display

SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 700 sq. ft. sales area with woodstrip floor & fully equipped including counter, 1 electronic cash register, 2 glass topped chest display deep freezers, 1 upright glass fronted display ice cream deep freezer, 1-5m open cool display unit (comprising 2 units), 2 upright single door glass fronted display fridges, modern adjustable shelving etc.

Stairs to large basement with concrete floor - ideal for storage purposes with bakeoff oven, 2 chest deep freezers

Staff w.c. & wash hand basin.

Turnover : WE ARE INFORMED the turnover in respect of the self service convenience store with fruit & greens is in the region of £13,000 p.w. in our opinion offering further potetial for further development, especially with the introduction of newspapers & the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence. We are further advised by the vendor that the gross profit is in the region of 30%. In addition the business sells International phone cards & we understand has a turnover of £1,000 p.w. The business also sells mobile phone vouchers which we understand provides a further turnover of £1,000 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £220,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
6 a.m. - 12 midnight seven days per week


Number of Employees:

At present operated under management. Staff employed 1 full time manager plus 3 full time & 2 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Leasehold

Location Details:

Situated in a parade, excellent main road trading positiion, sought after residential & tourist area, NW LONDON

Listed by: Nationwide Businesses Ltd
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G7423
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