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SELF SERVICE STORES, FULL FREE OFF LICENCE

Price:
Freehold - £270,000
Leasehold - £45,000
Turnover:
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Seller Ref:
G6240
Location:

London, South London

Business Type:

Retail businesses

See Other:
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Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED SALES SHOP approx. 700 sq. ft. sales area with tiled floor, fluorescent lighting. Fully equipped including counter, electronic cash register, cigarette gantry (on loan), centre display gondola, 3 upright double door drinks display fridges (2 owned and 1 on loan from Lucozade), open dairy display unit, 1 upright single door drinks display fridge, ice cream deep freeze (owned), chest display deep freeze.

Stairs to large basement used for storage purposes

Staff w.c.

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase, especially with opening earlier in the morning. In addition the business sells Oyster cards and we understand this provides a commission of approx. £70 p.w. We are advised by the vendor on line national lottery has been installed.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £13,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £830 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REDUCED FOR EARLY SALE

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£12,000/£13,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £270,000 plus STOCK AT VALUATION (£12,000/£13,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, main road trading position, densely populated residential and commercial area, LONDON, SE
Trading Hours:
Monday - Saturday inclusive - 10.30 a.m. - 11 p.m.
Sunday opening - 10.30 a.m. - 10.30 p.m.
Accommodation:
Yard at rear
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