| (REF: G5554) Self Service Convenience Store, Full Free Off Licence |
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| Seller Reference: |
G5554 |
| B4S Reference: |
21608 |
| Asking Price: |
£59,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£338,000 |
| Number of Staff: |
Send enquiry for more details. |
| 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 MEDIUM SIZED SALES SHOP, newly fitted approx. 3½ years ago. Tiled floor, suspended ceiling with concealed lighting, modern adjustable shelving, 1 greeting card display stand, 1-3.75m open cool display unit, 1-2.75m open cool display unit, single door glass fronted display fridge, till with scanning system, counter etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Kitchen area
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 22% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £13,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £2,900 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£15,000 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, excellent main road trading position, 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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Sunday - Thursday inclusive - 6.45 a.m. - 11.30 p.m.
Friday & Saturday - 6.45 - 12 midnight |
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The business is at present operated by the vendor with the assistance of his brother and 1 part time staff. |
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