The business has been in the same hands for the past 35 years and there are genuine reasons for sale.
IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP with quality floor, suspended ceiling with inset lighting & fully equipped including counter, electronic cash register, 1-3.75m open cool display unit (used for milk, dairy produce, beers), 1-2.5m open cool display unit (used for soft drinks), 3-tier ice cream deep freezer, large glass topped chest display deep freezer, cigarette gantry (on loan), slim glass fronted display fridge, photocopier (on loan) etc.
Staff w.c. & wash hand basin
Cellar with racking, 2 storage deep freezers.
Turnover : £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 18% approx. In addition the business is agents for on line national lottery tickets plus scratch cards, paypoint & Western Union providing a commission of between £25,000/£27,000 p.a. We are further advised that the sales year ending 31st March, 2014 showed sales of £494,058 including receiveable of £29,386 with a gross profit of £120,638 & a net profit of £60,581 (after wages & salaries of £32,571).
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
The business is at present operated by a husband & wife team with the assistance of 4 part time staff plus family help when required.
Number of Employees:
Monday - Saturday inclusive - 6 a.m. - 9 p.m.
Sunday opening - 8.30 a.m. - 2 p.m.
Number of bedrooms: 4
The SPACIOUS living accommodation DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:
Large fitted kitchen/dining room
Double Bedroom with en suite shower room with shower, wash hand basin plus separate w.c.
In addition there is a bathroom with bath, wash hand basin, separate w.c.
3 Additional Double BedroomsYard at rear
Situated in a parade, busy road, residential area, SE LONDON
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