Nationwide are delighted to present to the market WELL ESTABLISHED NEWS, CONFECTIONERY, TOBACCO slight CONVENIENCE GROCERIES. Situated in a parade, busy road, residential area NORTH LONDON.
MEDIUM SIZED SALES SHOP with tiled floor, flourescent lighting. The equipment includes open cool display unit (on loan from Coca Cola), double door glass fronted drinks fridge (owned), slimline glass fronted fridge (on loan from Red Bull), modern shelving, counter, electric cash register etc.
It will be appreciated upon inspection that there is potential to extend the shop into the stockroom at rear, subject to the landlords permission.
Staff w.c. & wash hand basinTurnover :
£3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. In our opinion there is potential to introduce the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £900 p.w. Gross profit 18% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £50 p.w. The business also has Oyster which we understand provides a further commission of approximately £80 p.w. The business also has Payzone.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£7,000/£8,000 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 : £35,000 (C9165)