Stockroom & office at rear plus staff w.c. & wash hand basin
Stairs to first floor - large additional storage area.
Turnover : £9,600 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject obviously to obtaining the Premises & Personal Licence. Wholesale newsbill £1,000 p.w. Gross profit 24% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of £380/£400 p.w. The business also has Oyster which we understand provides a further commission of £320/£350 p.w. In addition the business has Paypoint which we understand provides a further commission of approximately £80 p.w. The business also has Western Union which we understand provides a further commission of approximately £450 per month. In addition there is a photocopier/fax machine which we understand provides a further revenue of approximately £400 per month. A further revenue of £250 p.w. from phone cards & international phone cards
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £167,500 plus STOCK AT VALUATION (£18,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Operated 6 days per week Monday - Saturday inclusive - 6 a.m. - 6.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is terrific potential for additional opening hours & indeed for Sunday opening, if desired.
Number of Employees:
The business is at present operated by the vendor with the assistance of staff.
Accommodation Details: Parking for 2 cars
Location Details: Situated in a parade, shopping mall, N LONDON
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