Turnover : £6,500/£7,000 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill £600 p.w. Gross profit 20% approx. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £100/£120 p.w. The business also has Oyster which we understand provides a further commission of approximately £100 p.w. The business is also agents for Western Union & we understand this provides an additional income of approximately £800/£900 per month.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Operated on a 6 day week basis
Monday - Saturday inclusive - 7 a.m. - 6 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection there is potential for additional opening hours & indeed for Sunday opening, if desired.
Number of Employees:
The business is at present operated by the owners with the assistance of 1 full time & 1 part time staff.
Situated in a parade, excellent main road trading position, densely populated residential & commercial area, EAST LONDON
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