| (REF: C7475) Profitable Old Established Full Free Off Licence, Confectionery, Tobacco |
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| Seller Reference: |
C7475 |
| B4S Reference: |
20256 |
| Asking Price: |
£50,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£384,800 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North London, London, United Kingdom |
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Nationwide are pleased to offer to the market : SINGLE FRONTED SALES SHOP approx. 600 sq. ft. sales area with lino floor. Air conditioning/Heating. Long counter, electronic cash register, 4 single door glass fronted drinks display fridges (owned), 1 small glass fronted display fridge (used for wines), ice cream deep freeze, shelving, display stands. CCTV system with 3 cameras plus monitor etc.
Stockroom
Staff w.c. and wash hand basin
Large basement (ideal for storage purposes)
WE ARE INFORMED the turnover averages £7,400 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 20% approx. We understand from the vendor that the shop has been approved for a National Lottery terminal which we are further advised should be installed by the summer of this year.
We understand that subject to satisfactory references the vendor will grant a new 21 years full repairing and insuring lease at a rental of £12,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £4,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£18,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, densly populated residential and commercial area, LONDON, NW |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Saturday inclusive - 10 a.m. - 10 p.m.
Sunday opening - 12 noon - 10 p.m. |
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The business is at present operated by the vendor with the assistance of his brother and no staff are employed. |
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