Supermarket Convenience store for sale in North London Reference 24439

Location:
The supermarket is located on a busy crossroad in a densely populated area situated in Tottenham, It’s Just a minute’s distance from nearby bus stops, 0.7 miles from train stations, plenty of football clubs & just 0.3 miles of schools, restaurants and Café located to near to the shop.

Genuine retirement sale.

Overview:
An opportunity to acquire a highly profitable Supermarket with a double-fronted shop at a prominent location and in the center of the residential and commercial area, the Shop has an excellent opportunity for business growth also in the future 80 new residential flats are coming nearby to the shop, A well-established business running from the last 14 years in an immaculate condition with a vast variety of products. Loading and unloading from the front and rear.

The Premises is also famous for its fresh Turkish bread/cakes, meat, and fish, it comes with one designated free parking for the vendor.

The shop comes with two storage rooms. The shop is in very good condition on trading position & equipment that includes CCTV cameras, 3 EPOS systems, Butchers, Deep freezers, an open cool display unit, Fridge, counter, etc. The Shop is Loading and unloading from the backside and got very good reviews on google.

Floor Space: (Total area 5500 sqft approx.) Floor space – 3500 sqft approx., Storage 1 – 1200 sqft approx., Storage 2 – 475 sqft approx., Shop also has one cold storage area of 310 sqft approx.

Turnover: £70,000 P.W.

Business can be significantly increased as currently there is no lottery, no oyster or pay points & not any other upay service so new buyers can add all these services and can also add Coffee machines, UPS parcel services, and Phone repair kiosks.

Rent: £90,000 Per Annum

Rates: £18,000 Per Annum

Plenty of free off-street parking is available for customers.

Tenure – Leasehold: New lease of 20 years will be issued with a rent review every 4 years.

Timings: All 7 days 6:00 AM to 11:00 PM

Additional potential: The shop has got a license for 24 hours to operate & to sell alcohol 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 £900,000 plus SAV it including all the fixtures and fittings.

For further information, please contact the BTC Commercial and Investment team on 0208 889 7474 or commercial@btcint.com.