OFF LICENCE AND CONVENIENCE STORE IN NORTH LONDON REF CS0530

LOCATION: Long well-established business running successfully for 42 years with the same family & for the past 7 years under the same owner located in Tottenham, the shop is at a busy crossroads of the residential & commercial area and within walking distance to the bus stop, 1 min distance from the train station and 1.6 miles to shopping malls also The shop is very close to a very famous football club, There is plenty of scopes to develop the business further with the introduction of new services.

Reason to sell: The current vendor has to sell this business due to some personal reasons and other commitments.

OVERVIEW:
Great opportunity to acquire a profitable shop at a prominent location with a vast variety of products & having good customer relations. The shop is in very good condition on trading position & equipment that includes CCTV cameras, deep freezers, an Open cool display unit, Fridge, counter, etc.

The shop comes with 1 storage room.

Turnover: £4500 Per Week, Plus bus pass £6500 Per Week, plus lottery approx. £2000 per week approx. The business also earns a commission from parcel delivery per week approx.

Additionally Shop makes £2000 Turn over per day on the match event days as the football ground and the train station is situated very near to the shop.

Business Potential – The business can be boosted by adding a slush machine, coffee machine, and key cutting, So the oncoming buyer can add all these services and generate high income. The previous owner used to do printing but now they have closed it so the new buyer can also restart the printing service again.

Rent: £16,500

Rates: No business rates

Tenure – Leasehold: New lease will be issued for 15 years

Parking: One parking available for vendor

Shop floor size – 300 sqft approx. & Storage space is – 100 sqft approx.

Easy TIMINGS: Monday to Saturday – 8:00 AM to 8:00 PM & Sunday – 8:30 AM to 4:00 PM

ADDITIONAL POTENTIAL: The opening hours can also be extended and can open till 12:00 pm so the oncoming buyers can increase the trading hours which will help to boost the sales even further.

The business is marketed for the goodwill of £70,000 plus SAV it including all the fixtures and fittings.