Convenience Stores for sale in Finchley

View the "Busy Convenience Store & Off Licence In Finchley" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 It's a great way to advertise your business to people that are serious buyers...highly recommended. 

Y. MacGregor (Nov 2017)
View More
Leasehold Price: £65,000 Annual Turnover: £494,000
Request Details
Business Description
Extremely Busy Main Road Within Parade
Annual Turnover £494,000
Well Established
Includes Lottery/ATM/Paypoint/Payzone
Can Trade 24 Hours a Day
5 Point CCTV In Operation
Keenly Priced For A Quick Sale
EPC - D
REF 6268 – Leasehold Convenience Store & Off Licence

Blacks Brokers are pleased to bring to the market this leasehold convenience store and off licence located in a busy and much sought-after area of Finchley, Greater London.

INTRODUCTION

Finchley Convenience Store Ltd has been trading on Finchley Road for around fifteen years, with our client in ownership since 2016. The business has a large base of regular customers in addition to plenty of passing trade generated by this enviable trading position. Offering services including National Lottery, Paypoint, PayZone, tobacco and alcohol sales, the shop brings a wide range of custom on a repeat basis.

LOCATION

Located on the very busy A41 Finchley Road in North West London, the business is close to many other shops, businesses and large multiples and within easy walking distance of Finchley Road & Frognal Rail Station.

REASON FOR SALE

Due to other business commitments and a lengthy commute business is now available for sale and would suit a hands on owner-operator from a more local area.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is fifteen years and began in 2007 at a cost of £403 per week.

BUILDING LAYOUT AND DESIGN

Finchley Convenience Store Ltd operates from the ground floor of a large, mid-terraced property within a busy parade. The store is well presented, with bold signage displayed above a fully glazed frontage that is also fitted with canopy cover and window advertisements. Inside, the main sales floor is large and brightly lit, with customer counter to the left. It will well stocked and professionally fitted with wall shelving, central gondolas and display fridges and freezers as required. To the rear is a stair case leading to a large basement containing storage areas, an office and a kitchen area. There is also an enclosed, private back yard with outdoor toilet facilities. All areas are presented nicely with five-point CCTV in place and there is also an indoor ATM.

The lease is for the ground floor only.

STAFF

The business is currently operating with our client working on a full-time basis along with one full-time and two part-time members of staff in employment.

FINANCIAL DETAILS

The business has traded solidly since opening and generates an annual turnover of £494,000. Full financial details available upon viewing.

SUMMARY

This leasehold business is keenly priced for a quick sale and offers a range of services including National Lotter, PayPoint, PayZone and a free ATM. There is plenty of scope to develop the business further with the introduction of 24-hour opening and new product lines. This proposition would potentially suit a hands-on owner-operator or partnership looking for an established business in this exceptional trading position able to continue to drive the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
CCTV with 5 cameras

1 x 3M Display chiller

1 x 2M Display chiller

1 x 3 Tier ice cream display freezer

1 Cigarette gantry

1 x Epos till

1 x Chest freezer

1 x Double glass topped freezer

1 x Double door soft drinks chiller

1 x ATM
Trading Hours:
Mon - Sun - 7am - Midnight

Tenure: Leasehold

Location Details: Finchley

Leasehold Term: Rent: £403 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
* REQUIRED
*
*
*
*
*
*
*
*
*
Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.
Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
6268
Seller Reference:
You May Also Like...
loading... 
We use cookies to give you the best possible online experience. If you continue, we'll assume you are happy for your web browser to receive all cookies from our website. Find out more