Convenience Stores for sale in South London

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 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Freehold Price: £325,000 Leasehold Price: £29,000 Weekly Turnover: £2,750
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Business Description
This old established business has been in the same hands for the past 38 YEARS and is now offered for sale due to the vendor's retirement.

Parking in front of parade restricted to 30 minutes' free parking daytime.

Double fronted SALES SHOP, in the region of 600/700 sq. ft. sales area, with tiled floor, fluorescent lighting. Equipment includes: Counter, electronic cash register, open cool display unit, ice cream deep freeze, double door glass-fronted fridge, shelving, centre display gondola, etc. In our opinion, as will be appreciated upon inspection, the shop could do with a certain amount of refitting.

Stairs to large Basement, ideal for storage purposes.

To the rear of the shop, on the ground floor, is a large room plus additional room. In our opinion, this area has potential to be converted into small accommodation, subject to obtaining the necessary planning permission..

Turnover : £2,500/£3,000 p.w., in our opinion offering tremendous potential for further development in the right hands. The business is also agents for the sale of online National Lottery tickets plus scratchcards and we understand this provides a commission of approx. £50 p.w. Oyster commission £30 p.w. plus phone cards £15 p.w. The business also has Paypoint.

£29,000 plus stock at valuation (£15,000 approx.)

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS, £325,000 plus stock at valuation (£15,000 approx.)
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:

Monday/Saturday incl. 9 a.m. - 7.45 p.m.
Sunday 10 a.m. - 2 p.m.

Number of Employees:

The business is at present mainly operated by the vendor's son and no staff are employed.

Tenure: Freehold, Leasehold

Accommodation Details:

Garden at rear. In our opinion, there is also potential to extend the property at rear, subject also to obtaining the necessary planning permission.

Location Details:

Situated in a parade, busy road, residential area SE LONDON

Listed by: Nationwide Businesses Ltd
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