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SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE

Price:
Leasehold - £49,500
Turnover:
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Seller Ref:
G6101
Location:

London, North London

Business Type:

Retail businesses

See Other:
Convenience stores for sale in London
Off licences for sale in London
General stores for sale in London
Confectioners for sale in London
Supermarkets for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : MEDIUM SIZED SALES SHOP with lino floor, suspended ceiling with fluorescent lighting and fully equipped including counter, electronic cash register, 1 glass topped deep freeze, 1-3m open cool display unit, 1-2m open cool display unit, shelving etc.

Large stockroom
Staff w.c. and wash hand basin

WE ARE INFORMED the turnover averages £5,800 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of newspapers and magazines. Gross profit we are advised in the region of 24% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 17 years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £1,600 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Occupying a corner position, end of terrace, densely populated residential area, LONDON, N
Trading Hours:
Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 6 p.m.
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