Convenience Stores for sale in North London

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 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: £49,500 Price Reduced Weekly Turnover: £6,000
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Business Description
The business has been in the same hands for the past 22 years and is now solely offered for sale due to the vendors retirement.

SPACIOUS SALES SHOP approximately 750 sq. ft. sales area with non-slip floor, suspended ceiling with concealed lighting. We understand the shop was mainly refitted approximately 3 months ago. New adjustable shelving, centre display gondola, ice cream deep freezer, 1-3.75m open cool display unit (used for soft drinks, wines & beers), 1 single door glass fronted display fridges (used for milk, juices etc), counter, till with EPOS scanning system etc.

Stockroom
Staff w.c..

Turnover : £6,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £90 p.w. The business also has Oyster & we understand this provides a commission of approximately £320 p.w. The business also has Hermes parcel service for delivery & collection & we understand this provides a commission of approximately £25 p.w.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£10,000/£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 6.30 a.m. - 11 p.m.
Sunday opening - 7.30 a.m. - 10.30 p.m.


Number of Employees:

The business is at present operated by a husband & wife team with the assistance of 1 full time staff.

Tenure: Leasehold

Location Details:

Situated in a parade, main road trading position, NORTH LONDON

Listed by: Nationwide Businesses Ltd
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