Discount Stores for sale in South London

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S Martin (Feb 2013)
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Leasehold Price: £25,000 Price Reduced Weekly Turnover: £3,000
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Business Description
PAY & DISPLAY CAR PARKING IN FRONT OF SHOP

SPACIOUS GROUND FLOOR SHOP probably in the region of 2,200 sq. ft. area with peg boarding, shelving, counter, electric cash register, display stands, 2 key cutting machines.

It will be appreciated upon inspection, in our opinion would benefit from some modernisation & refitting.

Stairs to LARGE BASEMENT AREA ideal for storage purposes

Staircase to FIRST FLOOR with 2 w.c's, kitchen, 2 further rooms ideal for storage purposes.

Turnover : £3,000/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 35%.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 4 p.m.
NO SUNDAY TRADING


Number of Employees:

The business is at present operated by the vendor (3/4 days per week) plus 1 full time staff.

Tenure: Leasehold

Accommodation Details:

Large timber yard at rear (only used for storage at present). In our opinion there is terrific potential to develop the timber side of the business, if desired.

Location Details: Situated in a parade, SE LONDON

Listed by: Nationwide Businesses Ltd
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M4507
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