Convenience Stores for sale in South London

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Convenience Store in South London

South London, London, England

  • Leasehold Price: £69,500
  • Weekly Turnover: £7,500
Seller Reference: NB-G8473
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Business Description
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Seller Reference: NB-G8473
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Business Description
Nationwide are proud to offer to the market Well fitted SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY. Situated in a parade, excellent main road trading position, residential and commercial area, SE LONDON.

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 700 sq. ft. sales area, newly fitted approx. 4 years ago. Ceramic tiled floor, fluorescent lighting. The equipment includes modern adjustable shelving, 2 glass topped chest deep freezes, 2 open cool display units, 1 upright double door drinks display fridge (on loan from Coca Cola), 1 upright single door drinks display fridge (on loan from Lucozade), counter, electronic cash register etc.

Staff cloakroom with w.c. and wash hand basin
Basement (suitable for storage purposes)

Turnover : £7,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 24% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission in the region of £100 p.w. The business also has Payzone which we understand provides a further revenue of approximately £20 p.w.

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 : £69,500 (G8473)

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