*REDUCED* WELL ESTABLISHED FREEHOLD CONVENIENCE STORE IN GOOD LOCATION WITH
Price:
Freehold - £449,949
Location:
London, SE London, Hither Green
Business Type:
Commercial Property, Retail businesses
LOCATION: Situated on a main road location with good road links. Many buses pass close by regularly. There are extensive parking facilities nearby
DESCRIPTION: These are well maintained corner premises with the shop floor being 264 sq ft (16'9” x 13'8”). There are steel shutters on the outside. There is gas central heating throughout via a recently installed boiler. The shop has heavy duty linoleum flooring and suspended ceiling with new low energy lighting. There is a rear storage area and a well maintained flat to the rear and above which has laminate flooring. There is also a large basement storage area (17’3” x 10’4”) with heavy duty steel shelving.
EQUIPMENT: The shop premises are fully fitted for the trade including shelving, 3 full height drinks fridges (1 leased), glass-top chest freezer, 3 camera CCTV system, burglar alarm and digital till. The rear storage room holds shelving, a fridge freezer and tall fridge. The basement contains 2 ice-cream chest freezers and steel shelving.
BUSINESS: The business is very well established. It has been in operation for over 50 years with the last 33 years through the vendor’s family. Shop takings are currently £6,000 p.w.; however there is good potential for this business to increase this through opening in the mornings and from introducing newspapers in this predominantly residential area. There is income from the signboard outside (£130/qtr) and from cigarette marketing (£120 p.a.). In addition there is commission income from Western Union, Paypoint and £80-£100pw from the ATM. The business is currently run by a husband and wife team with 1 full time staff employed.
HOURS: Currently only open 10am-10pm Mon-Sat, noon-10pm Sun. Excellent potential to open early morning and increase takings.
ACCOMM: To the rear of this corner retail unit there is a store room (11'3” x 10ft); this then leads through to a very spacious modern living room and an en-suite toilet. If required the flat accommodation can be partitioned as there is a separate side door access. There is also another separate toilet on the ground floor and a small yard at the rear. Internally there are stairs leading up to the first floor. This contains a large modern and fully fitted kitchen area (22'10” x 10'8”) and integrated appliances and a separate bedroom (12'4” x 10'9”). Stairs also lead up to the second floor which holds an en-suite bedroom (10'11” x 7'5”), another bedroom (12'4” x 8'7”) and a bathroom. There is also potential for a loft extension subject to planning.
TENURE: Freehold premises comprising shop and spacious 3 bedroom/4 bathroom flat.
RATES: Business rates payable are approx £895 per annum
NEGOTIATIONS: Strictly through Abacus Business Sales on 020 8144 7999
100% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).
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LOCATION: Situated on a main road location with good road links. Many buses pass close by regularly. There are extensive parking facilities nearby
HOURS: Currently only open 10am-10pm Mon-Sat, noon-10pm Sun. Excellent potential to open early morni
ACCOMM: To the rear of this corner retail unit there is a store room (11'3” x 10ft); this then leads through to a very spacious modern living room and an en-suite toilet. If required the flat accommodation can be partitioned as there is a separate side door access. There is also another separate toilet on the ground floor and a small yard at the rear. Internally there are stairs leading up to the first floor. This contains a large modern and fully fitted kitchen area (22'10” x 10'8”) and integrated appliances and a separate bedroom (12'4” x 10'9”). Stairs also lead up to the second floor which holds an en-suite bedroom (10'11” x 7'5”), another bedroom (12'4” x 8'7”) and a bathroom. There is also potential for a loft extension subject to planning.
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