Convenience Stores for sale in North London

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 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £130,000 Weekly Turnover: £7,000
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Business Description
SPACIOUS SINGLE FRONTED SALES SHOP with laminated strip floor, suspended ceiling with LED lighting. The shop is well fitted including modern shelving, counter, 2 electronic cash registers with scanning, double door sliding glass fronted cool display fridge etc.

Stockroom
Kitchen
Staff w.c. & wash hand basin

Situated in a parade, main road trading position, not far from NORTH LONDON

• ACCOMMODATION INCLUDED

The SPACIOUS living accommodation comprising:

5 Rooms (4 doubles, 1 single)
3 Shower rooms each with shower
In addition there is a cloakroom with w.c. & wash hand basin
Kitchen

The rooms are currently let and we understand provides a rental income of £38,000 p.a.

Turnover : £7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newbill £550 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £170 p.w. The business also has Oyster which we understand provides a further revenue of £300 p.w. In addition there is Paypoint. The business also has an ATM machine. We are further advised that the gross profit is in the region of 20%.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

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.

Lease : £130,000 (G8069)

www.NationwideBusinesses.co.uk

Trading Hours:
Monday - Saturday inclusive - 6 a.m. - 7 p.m.
Sunday opening - 6 a.m. - 5 p.m.

Number of Employees:
The business is at present operated by the vendor with the assistance of family help.

Tenure: Leasehold

Number of bedrooms: 5

Accommodation Details:
The SPACIOUS living accommodation comprising:

5 Rooms (4 doubles, 1 single)
3 Shower rooms each with shower
In addition there is a cloakroom with w.c. & wash hand basin
Kitchen

The rooms are currently let and we understand provides a rental income of £38,000 p.a.Yard at rear

Location Details:
Situated in a parade, main road trading position, not far from NORTH LONDON

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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G8069
Seller Reference:
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