Nationwide brings to the market this NEWS (we understand newspapers are shortly to be reintroduced, previously wholesale newsbill £2,000 p.w), CONFECTIONERY, TOBACCO, HOUSEHOLD GOODS, CARDS, GIFTS, VAPING, OYSTER & LOTTERY. Situated in a parade, busy road which hosts a renowned, prestigious Food Market estableshed over 100 years, densely populated residential & commercial area, CENTRAL LONDON,.

6 DAYS OPENING

Should the lease holder wish they have priority access from the Council to pitch a stall to the front of the business at terms to be agreed.

GROUND FLOOR DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS in the region of 540 ft². Suspended ceiling with light panels, vinyl flooring. 2 electronic cash registers, 3 double door fridges, 3 single door fridges, adjustable shelving, ice cream freezer, bespoke desplay cabinets for vape products.

Office/stockroom
Large basement ( in the region of 465 ft²) suitable to sublet for storage purposes
Kitchen area
Staff w.c. with wash hand basin

Turnover : WE ARE INFORMED by the owner the turnover currently averages £11,000 p.w. Gross profit of 26% approx. In our opinion there is scope for the sale of sandwiches plus the introduction of wines, beers & spirits, subject to obtaining the necessary Personal & Premises Licence.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £150 per week approx.
BUS PASSES £60 per week approx.
ATM £200 per month approx.
2 Electricity points to front, used by stall holders providing an income of £100 per week
INTERNATIONAL SHORT TERM LUGGAGE STORAGE £25 per week approx.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £172,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN 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.Lease : £172,500 (C9358)

www.NationwideBusinesses.co.uk