Profitable old established freehold NEWS, CONFECTIONERY, TOBACCO, GREETING
Price:
Freehold - £200,000
Location:
London, South London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Spacious double fronted SALES SHOP with carpet tiled floor, suspended ceiling, fluorescent lighting and fully equipped including counter, electronic cash register, ice cream deep freeze (own), open cool display unit, double door glass fronted display fridge, single door glass fronted display fridge, shelving, etc.
Vegetable room.
Staff cloakroom with w.c. and wash hand basin.
WE ARE INFORMED the turnover averages £5,500 p.w., in our opinion offering tremendous potential for further increase - especially with additional opening hours and the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary licence. Wholesale newsbill £1,700 p.w. Gross profit 22% approx.
The business has been in the same hands for the past 6.5 years and there are genuine reasons for sale.
PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS, £200,000 PLUS STOCK AT VALUATION (APPROX. £10,000/£12,000).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
End of terrace property, situated residential area, close to seafront, S. WALES.
Monday/Friday incl. 5.30 a.m. - 5 p.m.
Saturday & Sunday 5.30 a.m. - 1 p.m.
The spacious living accommodation, all in good condition and with full gas fired central heating, comprises:
3 bedrooms (2 doubles, 1 single).
Bathroom with bath, w.c. and wash hand basin.
Large lounge.
Separate dining room.
Fitted kitchen.
Patio area. Garage.
Uniform business rates: Nil payable up to October 2012 after full relief.
North Yorkshire
£ 750,000
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