Convenience Store, Counter News & Butchers with PAY ZONE
Price:
Leasehold - £40,000
Location:
London, North London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SUMMARY:
• PRICE (LEASEHOLD) £47,500
• NEWSBILL £300p.w.
• GROSS PROFIT 25%
• TURNOVER £4,250p.w.
DESCRIPTION:
Single fronted with electric shutters, medium sized premises, laminated strip floor, suspended ceiling with concealed lighting. Well equipped including sales counter, electronic cash register, modern adjustable shelving, CCTV system including 2 cameras, 1 monitor and dvd recorder, upright single-door drinks display fridges, 1.5 metres open cool display unit, 6 deep freezes, upright glass fronted display fridge.
• Basement.
• Walkin coldroom.
• Staff cloakroom with w.c. and wash hand basin.
• Staff kitchen area
WE ARE INFORMED by the vendor the turnover averages £4,250 p.w. Gross profit 25% approx.. Wholesale newsbill £300 p.w.
COMMISSIONS RECEIVED : (in addition)
• PayZone £10 p.w.
We understand the premises are held on a secure renewable lease from the council for a period of 12 years and currently has 6 years unexpired next review in 2 years at a rent of £8,500 p.a. with reviews every 4 years.
Uniform Business Rates: £2,800 p.a. approx.
REDUCED FOR EARLY SALE
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£8,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Situated in a Parade, main road trading position, residential, office and commercial area, LONDON, NW.
7 Day week (Monday - Sunday) 8 am - 8pm
Rear yard
Parking at rear'
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