| (REF: G5586) Profitable Self Service Stores |
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| Seller Reference: |
G5586 |
| B4S Reference: |
21610 |
| Asking Price: |
£90,000
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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 : At present mainly Polish Food sold.
SPACIOUS SINGLE FRONTED SALES SHOP approx. 800 sq. ft. sales area with tiled floor, suspended ceiling. The equipment includes modern adjustable shelving, 2 double door glass fronted display fridges, 1m open cool display unit, 2 glass topped chest deep freezes, ice cream deep freeze (on loan) etc.
Ground Floor Stockroom
Staff w.c. and wash hand basin
Basement, ideal for storage purposes, walk-in coldroom
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit in excess of 30%. We are further advised that the front forecourt area to the shop is let to a person selling fruit and vegetables and provides a rental of £150 p.w.
We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £19,000 p.a. exclusive of rates, due for review at present, however, we understand the vendor does not anticipate any increase.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£20,000 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: |
Yard at rear |
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Location: |
Situated in a parade, main road trading position, densely populated residential and commercial 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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10 a.m. - 10 p.m. seven days per week |
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The business is at present operated by the vendor with the assistance of 2 full time staff. |
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