Gift Shops for sale in North London

View the "NEWSAGENT/OFF LICENCE/ Greeting Cards NORTH LONDON REF: 24162" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
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Leasehold Price: £135,000
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Business Description
NEWSAGENT/OFF LICENCE NORTH LONDON REF: 24162
Two Double fronted SHOPS next to each other situated on a busy main road corner location. Plenty of passing trade. Walking distance to the station. Modern fixtures & fittings. Below are the business figures: Trading as a Newsagent/Off Licence. Weekly T/O £11,500 p.w. Newsbill £800 p.w. Lottery £4,500 p.w. Oyster £4,000 p.w. Phone cards £1,000 p.w. Paypoint commission £180 p.w. Western Union comm £150 pcm. Net commission £35,000 p.a. Size: 1600 sq-ft High profit margin on greeting cards of £1,500 included in the weekly Turnover. Trading Hours: Mon - Sat: 7.30 am - 7.30 pm/Sun: 7.30 am - 4.00 pm. Potential for longer hours. Combined Rent: £26,000 p.a. Lease: 11 yrs lease remaining, next review in 2018 Price: £135,000 + SAV
Trading Hours:


Mon - Sat: 7.30 am - 7.30 pm/Sun: 7.30 am - 4.00 pm


Number of Employees: 3

Tenure: Leasehold

Location Details:

Very Busy location with lots of passing trade. Very Short business hours

Leasehold Term:

14 yrs lease, 11 yrs remaining 5 yearly rent reviews, next review in 2018 Rates £4,000 per annum each shop.

Website:

Listed by: BTC Investment & Corporate
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24162
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