Large stockroom with shelving
Staff cloakroom with w.c. & wash hand basin.
Turnover : £10,750 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £200 p.w. We are further advised that the gross profit is in the region of 25%. The business also sells scratch cards & we understand that an on line national lottery terminal is shortly to be installed. Additional commission is received from the sale of scratch cards providing commission of approximately £90 per month. Oyster providing a further commission of approximately £200 per month. Western Union providing a commission of approximately £130 per month. Paypoint including parcels providing a further revenue of approximately £350 per month plus an ATM machine providing a further commission of approximately £35/40 per month. As will be appreciated total commissions received are currently in excess of £9,500 p.a.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Friday inclusive - 7 a.m. - 10 p.m.
Saturday & Sunday opening - 8.30 a.m. - 10 p.m.
Number of Employees:
At present operated by the vendor with the assistance of 2 full time staff.
Accommodation Details: Shared yard at rear
Situated in a parade, large residential & office area, SE LONDON
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