Profitable SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOB
Price:
Leasehold - £99,500
Location:
London, South London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Spacious double fronted Sales Shop, probably in the region of 1000 sq. ft. sales area (including storage and office). Ceramic tiled floor, suspended ceiling. We understand the shop was recently refurbished. Counter, 2 electronic cash registers, 2 glass-topped chest display deep freezes, 2m open cool display unit, 3.5m open cool display unit, modern adjustable shelving, centre display gondola, etc.
Stockroom, Office, Staff Cloakroom.
WE ARE INFORMED the turnover averages £11,000 p.w. We further understand there is an additional income of approx. £60 p.w. in respect of phone cards and a further £50 p.w. from e-Pay and Payzone.
WE UNDERSTAND the premises are held on a secure renewable council lease, the present lease having approx. 14 years unexpired, at a current rental of £8,400 p.a. excl. of rates for the next 2 years, with rent review at that time and thereafter every 4 years.
Uniform business rates: £3,100 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION.
PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £99,500 PLUS STOCK AT VALUATION (£25,000/£30,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Situated in a parade, excellent main road trading position, densely populated residential and commercial area, LONDON, S
24 hours a day, 7 days per week.
North Yorkshire
£ 750,000
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