SELF SERVICE CONVENIENCE STORE, FRUIT & GREENS plus FULL FREE OFF LICENCE
Price:
Leasehold - £85,000
Location:
London, North London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS SALES SHOP probably in the region of 700/800 sq. ft. sales area with tiled floor, suspended ceiling and well equipped including cool display serveover counter, 1-2.5m open cool display unit (used for dairy produce), 1 additional approx. 4m open cool display unit (used for soft drinks), 1-2.5m open cool display unit (used for beers), ice cream deep freeze (on loan), counter, electric cash register etc.
Small stockroom
Staff w.c. and wash hand basin
WE ARE INFORMED the turnover averages £7,000/£8,000 p.w. We are further advised that the gross profit is in the region of 24%.
We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £17,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years. (As will be appreciated with the rental income currently of £9,600 p.a. the net rental payable at the present time is only £7,400 p.a. exclusive of rates).
Uniform Business Rates: £7,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, residential area, N LONDON
Sunday - 8 a.m. - 11 p.m.
Monday - Thursday inclusive - 7 a.m. - 11 p.m.
Friday & Saturday -
The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £9,600 p.a. The FLAT comprises:
1 Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Yard at rear
North Yorkshire
£ 750,000
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