Convenience Stores for sale in South London

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 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £95,000 Weekly Turnover: £9,000
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Business Description
Forecourt area used for the display of fruit & green. We understand that this is let & the present owner receives a rental of £100 p.w.

Electric shutters to SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 800 sq. ft. sales area with tiled floor, fluorescent lighting & fully equipped including glass topped chest display deep freezer, modern adjustable shelving, centre display gondola, 3-tier ice cream deep freezer, 1-2.5m open cool display unit (used for wines & beers), 1-5m open cool display unit (used for soft drinks, milk & dairy produce), counter, 1 till with scanning system. CCTV system with 8 cameras, monitor plus recording.

Stockroom
Staff w.c. & wash hand basin

Situated in a parade, main road trading position, SE LONDON

Turnover : WE ARE INFORMED the turnover currently averages £9,000/£9,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £200/£250 p.w. We are further advised that the gross profit is in the region of 20%. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £120 p.w. Bus passes/Oyster we understand recently introduced & we are advised that the commission at the present time is in the region of £80 p.w. The business also has Western Union & we understand this provides a commission of £150/£200 per month. In addition Parcel Collect Plus has recently been introduced & we understand this provides a further revenue of approximately £35 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£30,000 approx).
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 : £95,000 (G7661)

www.NationwideBusinesses.co.uk

Trading Hours:
7 a.m. - 11 p.m. seven days per week

Number of Employees:
At present operated by a relative of the vendor on a part time basis with the assistance of 2 full time staff.

Tenure: Leasehold

Accommodation Details: Small yard area for rubbish bin

Location Details:
Situated in a parade, main road trading position, SE LONDON

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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G7661
Seller Reference:
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