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Superior well fitted SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE

Price:
Leasehold - £47,000
Turnover:
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Seller Ref:
G5436
Location:

London, South London

Business Type:

Retail businesses

See Other:
Supermarkets for sale in London
Confectioners for sale in London
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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. 5 metres wide x 8 metres depth with non-slip floor, suspended ceiling. Recently refurbished and well equipped including modern adjustable shelving, 1 upright double door drinks display fridge (on loan from Coca Cola), cool display unit (for beers), 1 upright single door display fridge (for wines), 1 ice cream deep freeze (owned) etc.

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 24% approx.

We understand the premises are held on a secure renewable lease for a period of 20 years from 15th June, 2005 at a current rental of £9,000 p.a. exclusive of rates up to 15th June, 2013, with rent to be agreed thereafter.

Uniform Business Rates: £1,050 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £47,000 plus STOCK AT VALUATION (£12,000/£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, densely populated residential and commercial area, LONDON SW
Trading Hours:
10 a.m.- 10 p.m. seven days per week
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