SELF SERVICE STORES, FULL FREE OFF LICENCE
Price:
Leasehold - £15,000
Location:
London, South London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Electric shutters to DOUBLE FRONTED SALES SHOP occupying a corner position. Woodstrip floor, suspended ceiling. Fully equipped including 2 glass topped chest deep freezes, 1 upright single door drinks display fridge (on loan from Coca Cola), 1 upright double door drinks display fridge (on loan from Lucozade), 2 upright single door display fridges (both owned and used for dairy and milk), part modern shelving, counter, electronic cash register etc.
Staff cloakroom with w.c. and wash hand basin
Basement used for storage purposes
WE ARE INFORMED the turnover averages £1,500 p.w. in our opinion offering further potential for further increase in the right hands. Gross profit 20% appox. The business also has E-Pay top up machine and we understand this provides a commission of approx. £15 p.w. We further understand that Western Union Money Transfer has recently been introduced and is currently providing an additional income of approx. £50 per month.
We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a rental of £7,200 p.a. exclusive of rates for the next 1 years, with rent to be agreed thereafter.
Uniform Business Rates: £1,800 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £15,000 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Main road trading position, densely populated residential and commercial area, LONDON, SE
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