SUPERBY FITTED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY,
Price:
Leasehold - £170,000
Location:
London, East London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS SALES SHOP with 4 display windows plus double door. Sales area in the region of 1,200 sq. ft. all newly fitted approximately 2 years ago, new tiled floor, suspended ceiling with concealed lighting, 1-1.25m open cool display unit, 3-3.75m open cool display units (2 we understand are brand new), 3 glass topped chest display deep freezes (we are further advised 2 of which are brand new), modern adjustable shelving, 5 display gondolas, new counter, 2 tills with EPOS scanning system etc.
Stockroom
It will be appreciated upon inspection that the should could be enlarged into the stockroom, if desired.
2 staff cloakrooms each with w.c. and wash hand basin
Kitchen
Office
WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £200 p.w. Gross profit 22% approx. In addition the business has Paypoint and we understand this provides a commission in the region of £70 p.w.
We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of £25,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £10,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £170,000 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, busy trading position, densly populated residential area, LONDON, E
Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 9 a.m. - 10 p.m.
North Yorkshire
£ 750,000
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