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Well fitted SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, F

Price:
Leasehold - £189,995
Turnover:
Register to view
Seller Ref:
G6215
Location:

London, South London

Business Type:

Retail businesses

See Other:
Off licences for sale in London
Convenience stores for sale in London
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Confectioners for sale in London
Supermarkets for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : The shop has sales area of approximately 850 sq. ft. toilet and additional storage on ground floor. The shop also has a basement (head height ceiling) storage of approximately 850 sq. ft. with kitchen.

FANTASTIC SPACIOUS DOUBLE FRONTED FULLY LOADED SALES SHOP. New shop front installed we understand in 2008 and at the same time we understand the shop was refurbished and newly fitted at considerable expense. Well appointed including laminated strip floor, suspended ceiling with concealed lighting. 2 air conditioning units. The equipment includes 3 upright glass fronted single door display deep freezes, 2-3.75m open cool display units, 1 single door glass fronted display fridge (owned), 2 electronic cash registers, counter, modern adjustable shelving etc.

Stockroom
Staff w.c. and wash hand basin

Large basement ideal for storage purposes plus kitchen

WE ARE INFORMED the turnover averages £12,000 p.w. with a gross profit we are advised of 30% approx. plus office deliveries £1,800 p.w. @ 35% net profit plus external ATM machine providing a rental income of £4,000 p.a. + OTE.

PLUS: COMMISSION TAKINGS/INCOME
OYSTER £1,500 - £2,000 PER WEEK
LOTTERY £2,000 - £3,000 PER WEEK
EPAY TERMINAL £1,000 - £1,500 PER WEEK


The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £34,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £4,500 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR 5 YEARS

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £189,995 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated end of parade of shops, commercial and residential area, LONDON, SE
Trading Hours:
Monday - Friday inclusive - 6.30 a.m. - 8.30 p.m.
Saturday opening - 7 a.m. - 8 p.m.
Sunday op
Accommodation:
Access at rear for deliveries
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