Convenience Stores for sale in North London

View the "Convenience Store with Off Licence in North London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Leasehold Price: £130,000 Price Reduced Weekly Turnover: £13,000
Request Details
Business Description
SPACIOUS DOUBLE FRONTED PREMISES approximately 11 metres wide by a depth of 12 metres extending part to 17 metres depth. Tiled floor, suspended ceiling with fluorescent lighting. 2 air conditioning/heating units. Counter, 2 electronic cash registers, ice cream deep freeze (owned), 2 glass topped chest deep freezes, 1-6m open cool display unit (used for milk, dairy produce etc), 1-3m open cool display unit (used for fruit & veg), in addition there is 1 3.75m open cool display unit (used for wines & beers), walk-in coldroom.

Stockroom with ice cream deep freeze
Kitchen
Staff w.c..

Turnover : £13,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £150 p.w. The business also has Oyster & we understand this provides a further revenue of approximately £250/£280 p.w. The business also has an ATM machine which we understand provides a further revenue of approximately £500 per month.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£50,000/£60,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
6 a.m. - 1 a.m. seven days per week


Number of Employees:

The business is at present operated by the vendor with the assistance of 3 full time staff.

Tenure: Leasehold

Accommodation Details: Yard at rear

Location Details:

Situated in a parade, busy road with 2 schools plus college nearby, residential & commercial area, NORTH LONDON

Listed by: Nationwide Businesses Ltd
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G6742
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