Convenience Stores for sale in South London

View the "Newsagent and Convenience Store in South London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Ian McGregor (Nov 2013)
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Leasehold Price: £19,500 Price Reduced Weekly Turnover: £3,000
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Business Description
This well established business has been in the same hands since 1976 & is now solely offered for sale due to the vendor's retirement, huge potential to increase.

DOUBLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor. Counter, electric cash register, shelving, 2 revolving card stands (on loan), ice cream deep freeze (owned), 1 double door glass fronted drinks display fridge (on loan from Pepsi Cola), 1 single door glass fronted drinks display fridge (owned).

Stockroom at rear
Staff w.c. & wash hand basin

It will be appreciated upon inspection that the shop could be extended into the stockroom at rear, if desired..

Turnover : £2,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £300 p.w. We are further advised the gross profit 22% approx. In addition the business has Oyster which we understand provides a commission of approximately £50 p.w. The business also has Payzone.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £19,500 or near offer plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Friday inclusive - 7 a.m. - 6.30 p.m.
Saturday opening - 8 a.m. - 4 p.m.
Sunday opening - 8 a.m. - 2 p.m.


Number of Employees:

The business is at present operated by a lady vendor at weekends (approximately 2 hours per day) with the assistance of her son on a part time basis plus 1 part time staff.

Tenure: Leasehold

Location Details:

Situated in a parade, main road trading postion, densely populated residential & commercial area SOUTH WEST LONDON

Listed by: Nationwide Businesses Ltd
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C8132
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