Gift Shops for sale in South East London

View the "Newsagents / Confectioneries / Stationary SE London REF: 24199" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £54,950 Price Reduced Sale Agreed
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Business Description
Newsagents / Confectioneries / Stationary SE London REF: 24199

Well established Newsagents located on very busy main road position among multiples like McDonald, KFC, Pizza hut, Super-drug etc. Shop trades in newspapers, magazines, confectioneries, gifts and greeting cards. Shop has very small selection of bears & wines. High profit margin turnover £5,500 PW ( 60% Gross Profit Margin) National Lottery £3,000 PW Oyster £2,500 PW and Pay-point £1,000 PW. . Shop measures about 1,000 square feet plus one bedroom flat above. Potential to rent one bedroom flat. Potential for longer hours, new trade lines and off license. Rent £24,000 per annum. Offers are invited in the region of £54,950 plus SAV for the leasehold in the property & business.
Trading Hours:
Monday - Saturday 07.30 AM - 06.30 PM & Sunday 08.30 Am - 04.00 PM

Tenure: Leasehold

Location Details:
Located on very busy main road position among multiples like McDonald, KFC, Pizza hut, Super-drug etc. Business established for 120 years.

Leasehold Term: 15 years lease with 5 yearly rent reviews

Website:

Listed by: BTC Commercial

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24199
Seller Reference:
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