Superbly fitted SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY
Price:
Leasehold - £300,000
Location:
London, North London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Newly fitted by the present owners and established approximately 1 year ago. In our opinion the business offers tremendous potential for further development in the right hands.
The business occupies an excellent main road trading position within close proximity of an Underground Station and with the advantage of entrance to Euston Road plus a rear customer's additional entrance.
IMPRESSIVE SALES SHOP in the region of 1,000 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes modern adjustable shelving, centre display gondola, 1 large approx. 24' long open cool display unit (used for soft drinks, dairy produce, milk etc), 1 additional 12' cool display open cool display unit (used for beers), counter, 2 tills with scanning, 2 large glass sliding topped display deep freezers etc.
Large basement (we understand from the vendor that planning permission has been granted for the basement area to be used as a Mini Cab Office, if desired).
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover currently averages £20,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Wholesale newsbill £200 p.w. We are advised by the vendor that the gross profit is in the region of 28%.
We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of £45,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates in the region of £16,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £300,000 plus STOCK AT VALUATION (£50,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Excellent main road trading position, LONDON, N
24 hours per day seven days per week
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|