| (REF: G5163) Profitable Self Service Convenience Store, Full Free Off Licence |
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| Seller Reference: |
G5163 |
| B4S Reference: |
21596 |
| Asking Price: |
£89,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£468,000 |
| Number of Staff: |
2 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South London, London, United Kingdom |
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Nationwide are pleased to offer to the market : SINGLE FRONTED SALES SHOP approx. 10 metres wide x 20 metres depth. Newly fitted approx. 6 months ago. Tiled floor, suspended ceiling, fluorescent lighting. The equipment includes counter, 1 electronic cash register, 2 glass topped chest deep freezes, new 5m open cool display unit new 3m cool display unit, EPOS scanning system with till, new shelving. CCTV system with 6 cameras, 2 monitors etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 20% approx. In addition, the business is agents for Paypoint and we understand this provides a commission of approx. £100 p.w.
We understand the premises are held on a secure renewable lease for a period of 20 years from May, 2002 at a rental of £14,000 p.a. exclusive of rates up to May, 2012, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £4,100 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION
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: |
To the rear of the shop with GAS FIRED CENTRAL HEATING are:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Kitchen
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Location: |
Occupying a corner position, excellent main road, densely populated residential area, LONDON, SW |
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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 a.m. - 10.30 p.m. seven days per week |
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The business is at present operated by the vendors brother with his wife plus part time staff employed at weekends. |
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