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
Request Details
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
Stockroom
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.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (£25,000/£30,000 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 : £69,500 (G8473)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Listed by:
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