Convenience Stores for sale in London

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Convenience Store with Off Licence in South London

London, England

  • Leasehold Price: £47,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £8,500
Seller Reference: G6919
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Business Description
 
 
 
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Seller Reference: G6919
Request Details
Business Description
DOUBLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, fluorescent lighting. The equipment includes counter, 1 till with EPOS scanning system, additional electric cash register, 1 open cool display unit, 2 double door glass fronted display fridges, 1 large chest deep freezer, 1 ice cream deep freezer etc.

PLEASE NOTE THERE IS A LARGE BASEMENT PARTLY USED AS AN INTERNET CAFÉ WITH 10 COMPUTERS PLUS STOREROOM

Staff w.c. & wash hand basin

Situated in a parade, busy road, residential area, close to railway station, SE LONDON

Turnover : WE ARE INFORMED the turnover currently averages £8,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £70 p.w. We are further advised that the gross profit is in the region of 20%. The business also has Paypoint & we understand this provides a commission of approximately £15 p.w. The business has a Parcel Agency which we understand provies a commission of £150 p.w. At the present time part of the shop is sub-let for the sale of mobile phones & we understand this provides a rental of £500 per month.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £47,000 plus STOCK AT VALUATION (£12,000 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 : £47,000 (G6919)

www.NationwideBusinesses.co.uk

Trading hours:
Open 7 days a week - 8 a.m. - 11 p.m.
Number of employees:
The business is at present operated by a husband & wife team with the assistance of 2 part time staff.
Tenure:
Leasehold
Location Details:
Situated in a parade, busy road, residential area, close to railway station, SE LONDON
Listed by:
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