*REDUCED* EXCELLENT LOCATED SUPERB GROCERS/OFF-LICENCE - NW1 LONDON
Price:
Leasehold - £89,950
Business Type:
Retail businesses
LOCATION: Situated in an excellent location on a busy main road minutes away from major central London tube stations and main bus routes; in an affluent and densely populated commercial, shopping and residential area. In an unopposed position, with little competition and in close proximity to local bars and restaurants.
DESCRIPTION: Viewing is highly recommended for this superb well fitted mini-super market/off-licence. The ground floor area is a well stocked grocer, newsagent and off licence with ceramic flooring, suspended ceilings with strip florescent lighting. The depth of the open plan shopping area is approx 40’ totalling a 1300 sq ft trading and storage area. The premises are well secured with a CCTV and alarm system. Externally the premises have a steel security shuttered glass double frontage facing a busy ‘A’ road. Towards the rear of the premise is a large storeroom, which can be extended to create extra floor trading space if desired.
EQUIPMENT: The open plan shopping area is fully equipped with shelf units, etc for present use and a full inventory will be available to a purchaser. Equipment includes:- 2 x floor standing double drink display fridges, 1 chest freezer, 1 ice cream display freezer, 1 floor standing freezer, 2 electronic cash register, CCTV, and alarm
BUSINESS: Takings are £10,000 per week with a good 35-40% gross profit margin on the products sold. In addition the business is taking another £13,000 per week from bus passes, pay point, lottery, mobile top up, etc. The off licence has late licensing to 1am Thurs/Fri/Sat. Currently the owner is not exploiting this option, however due to the prominent and well positioned location there is potential to increase takings by taking advantage of the full late licensing times. The owner is supported by two staff earning £650 p.w.
HOURS: 7am – 12am Mon-Fri, 8am – 12am Sat, 9am-12am Sun.
ACCOMM: There is no residential accommodation.
TENURE: The current lease has a term of 11 years remaining and the current rent is £26,400 per annum with reviews every 4 years.
RATES: Business rates payable are approx £9,500 p.a.
NEGOTIATIONS: Strictly through Abacus Business Sales on 020 8144 7999
UP TO 100% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).
Visit www.AbacusBusiness.co.uk for lots of other businesses for sale NOT SEEN ANYWHERE ELSE.
PLEASE REGISTER with us right now so we can arrange a viewing for you today.
WE WILL SUPPLY YOU FULL DETAILS AND ARRANGE A VIEWING FOR YOU WHEN WE RECEIVE YOUR COMPLETED REGISTRATION FORM.
LOCATION: Situated in an excellent location on a busy main road minutes away from major central London tube stations and main bus routes; in an affluent and densely populated commercial, shopping and residential area. In an unopposed position, with little competition and in close proximity to local bars and restaurants.
TENURE: The current lease has a term of 11 years remaining and the current rent is £26,400 per annum with reviews every 4 years.
HOURS: 7am – 12am Mon-Fri, 8am – 12am Sat, 9am-12am Sun.
North Yorkshire
£ 750,000
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