Nationwide are delighted to present to the market MODERN COUNTER NEWS, CONFECTIONERY, TOBACCO, CONVENIENCE GROCERIES. Situated in a parade, close to river Thames, sought after residential area SE LONDON.
FREE CAR PARKING IN FRONT OF PARADE
ATTRACTIVE SALES SHOP probably in the region of 400/500 sq. ft. sales area with non-slip floor, LED lighting. Air condioning/heating. The equipment includes counter, electronic cash register, modern shelving, 2.75m open cool display unit, ice cream deep freezer, double door glass fronted deep freezer etc.
Staff w.c.Turnover :
£5,000 p.w in our opinion offering further potential to increase in the right hands. Wholesale newsbill £370 p.w. Grossprofit 24% 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 £110 p.w. The business also has Oyster which we understand provides a further commission of approximately £40 p.w. Recently introduced Parcel Service which we understand is currently providing a further revenue of £15/£20 p.w. ATM machine providing a further revenue of approximately £250 per month.
** N.B. The is a restriction in the lease prohibiting the sale of alcohol. **
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£13,000/£14,000 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 : £20,000 (C9189)