Convenience Stores for sale in South London

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S Martin (Feb 2013)
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Leasehold Price: £140,000 Weekly Turnover: £13,500
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Business Description
SPACIOUS SALES SHOP probably in the region of 1,200 sq. ft. sales area with tiled floor, fluorescent lighting. Fully equipped including counter, 2 tills with EPOS scanning system, laptop plus computers rented at £40 per week, 7 glass topped chest display deep freezers, 1 single door glass fronted display deep freezer, 1 double door glass fronted display deep freezer, 1 open cool display unit, modern adjustable shelving, walk-in coldroom etc.

Small stockroom
Staff w.c. & wash hand basin.

Turnover : £13,500 p.w. Gross profit 23% approx. In addition there is a fully equipped butchery section which the vendor currently lets & receives a rental of £600 per month. In addition there is a fully equipped butchery section which the vendor currently lets & receives a rental income of £600 per month. In addition part of the shop is let to a Money Transfer Agency & we understand provides a further rental income of £300 per month. In addition a further small area if the shop is let for computer & laptop repairs & the vendor we understand receives a further rental income of £160 per month. In additon there is a small room used by an Astrologer & providing a further revenue of £275 per month. As will be appreciated the total rental income at the present time is £16,020 p.a.

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION (£40,000/£45,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Sunday - Thursday inclusive - 8 a.m. - 10 p.m.
Friday & Saturday - 8 a.m. - 2 a.m.
We understand the business can be open 24 hours per day if desired


Number of Employees:

At present operated by the vendor with the assistance of 4 staff.

Tenure: Leasehold

Location Details:

Situated in a parade, main road trading position, residential & commercial area, SE LONDON

Listed by: Nationwide Businesses Ltd
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G7406
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