Newsagents for sale in South London

View the "Off Licence, Newsagents and a small Convenience Store in SOUTH LONDON" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Off Licence, Newsagents and a small Convenience Store in SOUTH LONDON

South London, London, England

  • Leasehold Price: £85,000
  • Weekly Turnover: £8,500
Seller Reference: D8470
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Business Description
 
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Seller Reference: D8470
Request Details
Business Description
Off Licence, Newsagents and a small Convenience Store

• PRICE (LEASEHOLD) £85,000
• TURNOVER £8,500 p.w.

• GROSS PROFIT 20%
• COMMISSIONS £100 per month

SINGLE FRONTED PREMISES 487.ft² (45.24M²) WITH SHUTTERS, Air conditioning with hot air, sales counter, vinyl floor, 4 x open cool display unit, CCTV system (10 cameras, 2 monitor & harddisk recorder).

• Stock room. 151.7ft² (14.09M²)
• Kitchen
• Toilet with w.c. and wash hand basin.

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to Flat with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,800 per month

• 3 Bedrooms (3 double, 1 Single).
• Kitchen.
• Lounge.
• Bathroom with bath, w.c. and wash hand basin.

WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a Gross profit of 20% approx.. Wholesale newsbill £730 p.w. 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 £300 p.m. The business also has an ATM machine.

Tenure:
Leasehold
Listed by:
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