| (REF: G5736) Convenience Store, Counter News & Butchers With Pay Zone |
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| Seller Reference: |
G5736 |
| B4S Reference: |
20265 |
| Asking Price: |
£40,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£221,000 |
| 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 : SUMMARY:
• PRICE (LEASEHOLD) £47,500
• NEWSBILL £300p.w.
• GROSS PROFIT 25%
• TURNOVER £4,250p.w.
DESCRIPTION:
Single fronted with electric shutters, medium sized premises, laminated strip floor, suspended ceiling with concealed lighting. Well equipped including sales counter, electronic cash register, modern adjustable shelving, CCTV system including 2 cameras, 1 monitor and dvd recorder, upright single-door drinks display fridges, 1.5 metres open cool display unit, 6 deep freezes, upright glass fronted display fridge.
• Basement.
• Walkin coldroom.
• Staff cloakroom with w.c. and wash hand basin.
• Staff kitchen area
WE ARE INFORMED by the vendor the turnover averages £4,250 p.w. Gross profit 25% approx.. Wholesale newsbill £300 p.w.
COMMISSIONS RECEIVED : (in addition)
• PayZone £10 p.w.
We understand the premises are held on a secure renewable lease from the council for a period of 12 years and currently has 6 years unexpired next review in 2 years at a rent of £8,500 p.a. with reviews every 4 years.
Uniform Business Rates: £2,800 p.a. approx.
REDUCED FOR EARLY SALE
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£8,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Rear yard
Parking at rear |
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Location: |
Situated in a Parade, main road trading position, residential, office 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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7 Day week (Monday - Sunday) 8 am - 8pm |
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The business is at present operated by the vendor, with the assistance of 1 full time staff and 1 part time staff. |
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