Convenience Stores for sale in Tooting

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S Martin (Feb 2013)
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Leasehold Price: £60,000
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Business Description
Running grocery business for sale as a going concern trading on an 8 year lease with from November 2015 with the automatic right for renewal. Rent: £8,500 per annum. PREMIUM: £60,000.

Jai Off Licence is a running grocery corner shop business for sale as a going concern, and is located on Tooting High Street, about 10 mins walk from Tooting Broadway underground.

The business is for sale for a premium of £60,000 and is trading on an 8 year lease (November 2015) with a rent review on the 4th year. The passing rent is £8,500 per annum.

Takings are advised as being in the region of £4,000 per week. Current opening hours are 11am-11pm, though opening until 12am is allowed.

The property is approximately 280ft²/26m² and benefits from a security alarm and 1 off street parking space.

Oyster card and Lottery station is also in place
Tenure: Leasehold

Leasehold Term: 8500

Listed by: csj estate agents
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