| (REF: G5823) Well Equipped Self Service Convenience Store, Butchery, Fruit & Greens |
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| Seller Reference: |
G5823 |
| B4S Reference: |
20266 |
| Asking Price: |
£79,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£260,000 |
| 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 : SPACIOUS DOUBLE FRONTED PREMISES. Ground floor in the region of 99 sq. metres including storage area. The shop has a tiled floor and is well equipped including 3 glass topped chest deep freezes, large cool display serveover counter (used for meat), additional open cool display unit (used for soft drinks plus dairy), modern shelving, electronic cash register, 2 electronic scales, 2 butchers blocks etc.
Storage area
Staff cloakroom with w.c. and wash hand basin
Large basement with 2 walk-in coldrooms plus storage area
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx.
We understand the premises are held on a secure renewable lease, the present lease expiring in 2021 at a current rental of £17,500 p.a. exclusive of rates, with rent revisions. (The present tenant does not anticipate a rental increase at the next rent revision).
Uniform Business Rates: £8,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,000 or near offer plus STOCK AT VALUATION
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, excellent main road trading position, densely 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 - 7.30 a.m. - 11.30 p.m.
Sunday opening - 8 a.m. - 1.30 p.m. only |
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The business is at present operated by the vendor with the assistance of 3 part time staff. |
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