SELF SERVICE CONVENIENCE GROCERIES, COUNTER NEWS, CONFECTIONERY, TOBACCO, F
Price:
Leasehold - £50,000
Location:
London, South London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SINGLE FRONTED SALES SHOP in the region of 400 sq. ft. sales area. Well fitted including newly fitted ceramic tiled floor, suspended ceiling, counter, till with EPOS scanning system, 4 cameras, monitor plus recording, glass topped chest deep freeze, 3.75m open cool display unit (used for beers, wines, soft drinks & dairy produce), new adjustable shelving etc.
Stockroom
Kitchen
Staff w.c. and wash hand basin
Large basement in our opinion having potential to convert into possible living accommodation, subject obviously to the landlord's permission and indeed planning permission.
WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill we are advised in the region of £100 p.w. (not direct supplies). Gross profit we are informed 24% approx. In addition the business has E-Pay with top-ups and we understand this provides a further income of approximately £20 p.w. The business also has an ATM machine recently installed plus the business has the benefit of Payzone.
We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired up to February, 2014, with rent to be agreed thereafter.
Uniform Business Rates: £900 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, busy road, residential area, LONDON, S
8 a.m. - 10 p.m. seven days per week
North Yorkshire
£ 750,000
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