Convenience Stores for sale in West London

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Y. MacGregor (Nov 2017)
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Leasehold Price: £165,000 Weekly Turnover: £18,000
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Business Description
IMPRESSIVE & SPACIOUS SALES SHOP IN THE REGION OF 1,000 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. Fully equipped including 2 tills with EPOS scanning system, 6 open cool display units, modern adjustable shelving, 2 display gondolas, 2 double door upright display deep freezers, instore bakery, chest deep freezer etc.

LARGE BASEMENT ideal for storage purposes with walk-in fridge

Situated in a parade of 4 shops, residential area WEST LONDON

Turnover : £18,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 27% approx. We are further advised that the lottery commission is in the region of £50 p.w. We are further informed that the sales year ending 31st December, 2017 showed £713,572 with a gross profit of £198,143 i.e. 27.768% plus commission received from Paypoint, ATM commission & lottery of £8,717.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION (in the region of £45,000 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 : £165,000 (G8148)

www.NationwideBusinesses.co.uk

Trading Hours:
7 a.m. - 10 p.m. seven days per week

Number of Employees:
At present operated under management. Staff employed 1 part time manager plus 4 full time & 2 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Leasehold

Location Details:
Situated in a parade of 4 shops, residential area WEST LONDON

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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G8148
Seller Reference:
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