Forecourt area at present let & providing a rental income of £150 p.w. & utilized for the sale of fruit & vegetables
Electric shutters to SPACIOUS SALES SHOP probably in the region of 800 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes centre display gondola, counter, 2 tills with EPOS scanning system, upright double door glass fronted drinks display fridge (used for milk etc), 1-3.75m open cool display unit (used for soft drinks, juices, water etc), 1-2m open cool display unit, 1 glass topped chest deep freezer, ice cream deep freezer (owned), large glass topped chest display deep freezer, greeting card display stand etc.
Staff w.c. & wash hand basin.
Turnover : £3,500 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of additional stock & we additional opening hours. Wholesale newsbill £450 p.w. Gross profit 18% 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 £150 p.w. The business also has Oyster which we understand provides a further commission of approximately £90 p.w. In addition recently introduced Western Union which we understand is providing a further revenue of approximately £100 per month. In addition there is a Parcel Service which we understand provides a commission of approximately £50 p.w. In addition there is an ATM machine which we understand provides a further revenue of approximately £500 per month.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
**PLEASE NOTE ANY PROSPECTIVE PURCHASER IS TO BE RESPONSIBLE FOR LANDLORDS LEGAL COSTS**
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 6 a.m. - 7 p.m.
Sunday opening - 7 a.m. - 2 p.m.
Number of Employees:
At present operated by the vendor with the assistance of his wife on a part time basis.
Excellent main road trading position, residential & commercial area, EAST LONDON
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