Convenience Stores for sale in Sidcup

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 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Leasehold Price: £49,950 Price Reduced Weekly Turnover: £5,000
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Business Description

BUSINESS - Well established, having been in the present hands for 30 years and now only being marketed as a result of the vendors wish to retire. Tremendous potential exists for longer opening hours and the introduction of convenience grocery lines and an off licence.

TURNOVER - Accounts show £5,000 PWK @ 24% GP.

Plus £14,000 P.A. (Paypoint and Lottery commission)

NEWSBILL - £2,000 PWK (8 Rounds)

HOURS – 6.00am - 6.00pm Mon to Sat (7.00pm close lottery nights)
6.00am - 1.00pm Sun

PREMISES – Mid Parade premises with double aluminium frontage. Retail Area: 650 sq/ft. all round display shelving, gondola display, magazine racking, greetings card displays, 2 single door upright chillers, counter with electric cash register, ice cream freezer. Store Room: Office: Sep. W.C. W/basin.

LIVING ACCOMMODATION – Self contained flat approached via sep. front entrance. Comprising: Lounge: Kitchen: 2 Double Bedrooms: Bathroom: NOTE: The flat is sublet on an AST producing £800PCM.

TENURE – New 12 year lease RENT - £16,000 PA (4 year reviews)

RATES – Nil currently payable EPC Rating – Band D
Tenure: Leasehold

Number of bedrooms: 2

Location Details:
Prominently situated fronting a busy main road close to the centre of Sidcup, serving a densely populated residential area.

Leasehold Term:
New 12 year lease RENT - £16,000 PA (4 year reviews)

Listed by: Apex Business Sales
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