Nationwide brings to the market this PROFITABLE NEWS, CONFECTIONERY, TOBACCO, CONVENIENCE GROCERIES, FULL FREE OFF LICENCE plus BUS PASSES. Situated in a parade, main road trading position, residential area, LONDON, NW.
The business has the advantage of having a Bus Stop outside
DOUBLE FRONTED SALES SHOP probably in the region of 600 sq. ft. sales area with tiled floor, suspended ceiling, fluorescent lighting and fully equipped including counter, 2 tills with EPOS scanning system, cigarette gantry (on loan), 1-3.75m open cool display unit (used for soft drinks, milk & dairy produce etc), 1-2.5m open cool display unit (used for wines & beers), upright single door glass fronted display fridge (used for milk), greeting card display, shelving. CCTV system with 15 cameras, 2 monitors plus recording etc.
Staff w.c. and wash hand basinTurnover :
£13,000/£14,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £700 p.w. Gross profit 25% approx. In addition the business is agents for Oyster cards and we understand this provides a commission of approximately £450 p.w. The business also has Paypoint which we understand provides a further commission of approximately £150 per month. In addition there is a free to use ATM machine.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£35,000 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 : £185,000 (C8009)
Is accommodation included?: