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Well fitted SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TO

Price:
Leasehold - £40,000
Turnover:
Register to view
Seller Ref:
G6057
Location:

London, West 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
Supermarkets for sale in London
Confectioners for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Electric shutters to SPACIOUS SALES SHOP with wide entrance, suspended ceiling with concealed lighting, porcelain tiled floor, 2 air conditioning units, modern adjustable shelving, centre display gondolas, 2-3.75m open cool display units (1 used for soft drinks, milk etc whilst the other is utilized for wines and beers), counter, electronic cash register, ice cream deep freeze etc.

Included in the lease and situated on the first floor is a Gym, currently let on a Licence Agreement and provides a rental income of £1,000 per month inclusive of rates.

Second Floor
Additional large room approximately 750 sq. ft.
2 shower rooms each with shower and wash hand basin

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the entire premises are held on a secure renewable lease for a period of 10 years from November, 2006 at a rental of £48,000 p.a. exclusive of rates up to November, 2011. (We understand the landlord has not requested an increase at the present time). As will be appreciated with the rental income from the Gym currently of £12,000 p.a. the net rental payable at the present time is £36,000 p.a. exclusive of rates.

Uniform Business Rates: £18,000 p.a. approx.

REALISTICALLY PRICED FOR EARLY SALE

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS IN THE REGION OF £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, LONDON, W
Trading Hours:
7 a.m. - 11 p.m. seven days per week
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