It will be appreciated upon inspection that in our opinion the shop would benefit from some upgrading.
Staff w.c. & wash hand basin
Included in the sale is an adjoining shop comprising a quality greeting card shop. Electric shutters to DOUBLE FRONTED SALES SHOP. Sales area in the region of 700/750 sq. ft. with carpet tiled floor, suspended ceiling with concealed lighting. Counter, electronic cash register, slats to walls. 18 greeting card display stands with drawers.
Staff w.c. & wash hand basin.
Turnover : Shop No. 1. £10,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 24% approx. In addition the business is agents for the sale of on line national lottery tickets & scractch cards & we understand this provides a commission of approximately £270 p.w. The business also has Paypoint plus an ATM machine which we understand provides a further revenue of approximately £170 p.w. The business also has Oyster which we understand provides a further commission of approximately £100 p.w.
Adjoining shop. WE ARE INFORMED the turnover is in the region of £1,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £125,000 plus STOCK AT VALUATION (£35,000 approx. including approximately £15,000 in respect of the greeting card shop).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Shop No. 1.
Monday - Saturday inclusive - 7.30 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 4 p.m.
Monday - Saturday inclusive - 9 a.m. - 6.30 p.m.
Number of Employees:
Both shops are at present operated by the vendor with the assistance of 2 full time plus 1 part time staff.
Situated in a parade, excellent main road trading position, not far from Underground Station, N LONDON.
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