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SELF SERVICE CONVENIENCE STORE, MAINLY COUNTER NEWS, CONFECTIONERY, TOBACCO

Price:
Leasehold - £25,000
Turnover:
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Seller Ref:
G6246
Location:

London, West London

Business Type:

Retail businesses

See Other:
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Confectioners for sale in London
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Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP occupying a corner position. Approximately 600 sq. ft. sales area with lino floor, fluorescent lighting. The equipment includes 1 large glass topped display deep freeze, 2 open cool display units (1 used for soft drinks, milk etc. whilst the other is used for wines and beers), Haagen Dazs glass topped ice cream deep freeze, counter, electronic cash register. CCTV system with 7 cameras plus monitor etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering furthe potential to increase in the right hands. Wholesale newsbill £250 p.w. 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 10 years unexpired at a rental of £26,000 p.a. exclusive of rates up to 2014, with rent to be agreed thereafter.

Uniform Business Rates: £7,400 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, W LONDON
Trading Hours:
Monday - Saturday inclusive - 8.30 a.m. - 11 p.m.
Sunday opening - 8.30 a.m. - 10 p.m.
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