Convenience Stores for sale in Wallington

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Convenience Store & Off Licence in Wallington, Surrey

Wallington, Surrey, England

  • Freehold Price: £440,000
  • Weekly Turnover: £5,000
Seller Reference: NB-G8238
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Business Description
 
 
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Seller Reference: NB-G8238
Request Details
Business Description
Nationwide brings to the market this FREEHOLD SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE. Situated in a terrace, main road trading position, densely populated residential area, SURREY.

Electric shutters to DOUBLE FRONTED MEDIUM SIZED SALES SHOP probably in the region of 400 sq. ft. sales area with tiled floor, fluorescent lighting. 1-3.75m open cool display unit, ice cream deep freezer, glass topped chest display deep freezer, upright double door glass fronted display fridge, counter, modern shelving, electronic cash register. 8 cameras, monitor plus recording etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover : WE ARE INFORMED the turnover is in the region of £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600 p.w. We are further advised that the gross profit is in the region of 20%. The business has on line national lottery plus scratch cards & we understand this provides a commission of £80 p.w. The business also has Payzone.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £440,000 plus STOCK AT VALUATION (£15,000 approx)
SUBSTANTIAL MORTGAGE 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.Freehold : £440,000 (G8238)

www.NationwideBusinesses.co.uk

Tenure:
Freehold
Is accommodation included?:
The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £1,200 per month (including Council Tax & electricity charges). We understand that vacant possession of the accommodation can be made, if required. The accommodation comprises:

2 Bedrooms (1 double, 1 large single)
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Kitchen with fitted units
Listed by:
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