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PROFITABLE FULL FREE OFF LICENCE plus SELF SERVICE CONVENIENCE STORE

Price:
Leasehold - £23,000
Turnover:
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Seller Ref:
G6058
Location:

London, North London

Business Type:

Retail businesses

See Other:
Off licences for sale in London
General stores for sale in London
Convenience stores for sale in London
Supermarkets for sale in London
Confectioners for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SINGLE FRONTED MEDIUM SIZED SALES SHOP with 4 CCTV cameras, monitor, plus recording plus a computer and printer. Tiled floor, fluorescent lighting and fully equipped including 2 open cool display units (1 used for wines and beers, whilst the other is utilized for soft drinks and water), ice cream deep freeze, 2 upright double door glass fronted display fridges (1 on loan from Coca Cola whilst the other is on loan from Pepsi Cola), modern shelving etc.

The sales area is of a good size, however, we understand that the shop could be extended into the yard at rear, if desired.

Stockroom
Staff w.c. and wash hand basin

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx. We understand the business has Western Union, which provides an additional income of approx. £25 p.w. We are further advised that they offer a scan/fax print and copy service providing an additional income of approx. £150 per week. In addition, we understand that there is a further income from Libara for advertising of £50 per month and approx. a further additional £120 per month from telephone top ups and Epay.

We understand the premises are held on a new 12 years from January, 2011 at a rental of £11,700 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £23,000 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, densely populated residential and commercial area, LONDON, N
Trading Hours:
Monday - Thursday inclusive - 8 a.m. - 12 midnight
Friday & Saturday opening - 8 a.m. - 2 a.m.
Accommodation:
Yard at rear
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