SINGLE FRONTED SALES SHOP with vinyl floor. The equipment includes counter, electric cash register, ice cream deep freezer, 1 open cool display unit, 1 single door glass fronted drinks fridge (on loan from Coca Cola), 2 greeting card stands with drawers etc.
Stairs to basement providing 2 further stockrooms
Staff w.c. & wash hand basin.
Turnover : £8,000/£8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,450 p.w. We are further advised that the gross profit is in the region of 20%. 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 between £110/£150 p.w. The business also has Oyster which we understand provides a further revenue of approximately £150 p.w. In addition the business has Paypoint which we understand provides a further revenue of £65 p.w.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£15,000/£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 5.30 a.m. - 7.30 p.m.
Sunday opening - 6 a.m. - 3 p.m.
Number of Employees:
At present operated by the vendor's brother with the assistance of his wife plus 1 full time staff. 5 morning newsrounds. Delivery charge £2 p.w. (for Saturday & Sunday delivery only the delivery charge is £1 p.w).
Accommodation Details: Small yard
Situated in a parade, busy road, residential & commercial area, SE LONDON
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