Nationwide are proud to offer to the market WELL ESTABLISHED SELF SERVICE CONVENIENCE STORE, FRUIT & GREENS. Situated in a parade, excellent main road trading positiion, sought after residential & tourist area, SW LONDON.
The business has been in the same hands since 1994 & there are genuine reasons for sale
Forecourt area used for display
SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 700 sq. ft. sales area with woodstrip floor & fully equipped including counter, 1 electronic cash register, 2 glass topped chest display deep freezers, 1 upright glass fronted display ice cream deep freezer, 1-5m open cool display unit (comprising 2 units), 2 upright single door glass fronted display fridges, modern adjustable shelving etc.
Stairs to large basement with concrete floor - ideal for storage purposes with bakeoff oven, 2 chest deep freezers
Staff w.c. & wash hand basinTurnover :
WE ARE INFORMED the turnover in respect of the self service convenience store with fruit & greens is in the region of £13,000 p.w. in our opinion offering further potetial for further development, especially with the introduction of newspapers & the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence. We are further advised by the vendor that the gross profit is in the region of 30%. In addition the business sells International phone cards & we understand has a turnover of £1,000 p.w. The business also sells mobile phone vouchers which we understand provides a further turnover of £1,000 p.w.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £220,000 plus STOCK AT VALUATION (£25,000 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 : £220,000 (G8626)