Staff cloakroom with w.c. and wash hand basin.
Large basement ideal for storage purposes.
Small yard at rear..
Turnover : £7,000 p.w., in our opinion offering further potential to increase in the right hands. Wholesale newsbill £60 p.w. We are further advised that the gross profit is in the region of 23%. In additon, the business is agents for the sale of online National Lottery tickets plus scratchcards. We understand this provides a commission of approx. £50 p.w. The business also has a dry cleaning agency and we are advised that this provides a commission of approx. £1,000 per month. The business also sells International Phone Cards and has an ATM machine, which we understand provides a further commission of approx. £200 per month.
PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £49,500 plus stock at valuation (£25,000 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 incl.
8 a.m. - 9 p.m.
No Sunday trading.
Number of Employees:
The business is at present staff operated. 1 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wagebill coule be reduced.
Situated in a parade, excellent trading position, SOUTH EAST LONDON
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