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Profitable SELF SERVICE STORES, FULL FREE OFF LICENCE

Price:
Leasehold - £40,000
Turnover:
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Seller Ref:
G5378
Location:

London, North London

Business Type:

Retail businesses

See Other:
Off licences for sale in London
Convenience stores for sale in London
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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 : No parking restrictions

DOUBLE FRONTED MEDIUM SIZED SALES SHOP with suspended ceiling, concealed lighting. Fully equipped including modern adjustable shelving, 2 glass topped chest deep freezes, 1-12ft open cool display unit (used for beers and soft drinks), 1-9ft open cool display unit (used for dairy produce plus wine), checkout counter, electronic cash register etc.

Stockroom
Kitchen area
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 25% approx. The sale of bus passes have recently been introduced aswell as Paypoint providing a further income of approx. £200 per week.

We understand the premises are held on a new 16 years lease from August, 2010 at a rental of £14,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £6,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, nusy road, residential area, close to The Broadway, LONDON, N
Trading Hours:
Monday - Thursday inclusive - 7 a.m. - 11 p.m.
Friday & Saturday - 7 a.m. - 12 midnight
Sunday
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