Nationwide brings to the market this SEMI-DETACHED SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE. Situated residential office & commercial area, E LONDON.
The business is situated in a residential area with a Bus Stop outside & a nearby school & park.
SINGLE FRONTED SALES SHOP in the region of 500 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register with EPOS scanning system, 2 glass topped chest display deep freezers, 2 open cool display units, modern shelving, 1 greeting card stand etc.
Basement used for storage purposes
Staff w.c. & wash hand basinTurnover :
£8,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets & scratch cards & we understand this provides a commission of approximately £50 p.w. The business also has bus passes which we understand provides a further revenue of approximately £65 p.w. The business also has Paypoint which we understand provides a further revenue of approximately £35 p.w.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £85,000 (G8288)