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Well fitted SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE.

Price:
Leasehold - £39,500
Turnover:
Register to view
Seller Ref:
G6021
Location:

London, North London

Business Type:

Retail businesses

See Other:
General stores for sale in London
Convenience stores for sale in London
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Confectioners for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : IMPRESSIVE DOUBLE FRONTED SALES SHOP approx. 650 sq. ft. sales area with ceramic tiled floor, suspended ceiling with inset lighting. Well equipped including modern adjustable shelving, centre display gondola, 2 glass sliding topped display deep freezes, 1-3.75m open cool display unit (used for soft drinks), 1-2m cool display unit (used for wines and beers), counter etc.

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

WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised there is an additional income of approximately £200 p.w. in respect of Payzone, phone cards plus Oyster. The business also has an ATM machine which we understand provides a commission of approx. £25 p.w.

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £13,750 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,300 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£10,000/£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, main road trading position, residential area, LONDON, N
Trading Hours:
Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 10 p.m.
Accommodation:
Service area at rear with parking space for 2 cars
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