Electric shutters to SPACIOUS SALES SHOP probably in the region of 1,400 sq. ft. sales area. The equipment includes modern adjustable shelving, counter, 2 tills with EPOS scanning system, display gondolas, 1-3.75m open cool display unit, 1-2.5m open cool display unit, 2 cigarette gantries (on loan), 2 glass topped chest display deep freezers etc.
Staff cloakroom with w.c. & wash hand basin.
Turnover : £10,500 p.w. in our opinion offering tremendous potential for further development, especially with the introduction of the sale of wines, beers & spirits, subject obviously to obtaining a Premises & Personal Licence. Wholesale newsbill £1,000 p.w. We are further advised that the gross profit is in the region of 23%. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £195 p.w. The business also has Oyster which we understand provides a further commission of approximately £370 p.w. The business also has Paypoint & we understand this provides a further commission of approximately £100 p.w.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 or near offer plus STOCK AT VALUATION (£28,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 5 a.m. - 8 p.m.
Sunday opening - 7.30 a.m.- 7 p.m.
Number of Employees:
The business is at present operated by 2 partners with the assistance of 2 full time staff. 2 small newsrounds undertaken. Delivery charge £2 p.w.
Accommodation Details: Parking at rear for 2 cars
Situated in a parade, excellent trading position, EAST LONDON
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