| (REF: C7583) Profitable Full Free Off Licence, Confectionery, Tobacco |
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| Seller Reference: |
C7583 |
| B4S Reference: |
21771 |
| Asking Price: |
£35,000
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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: |
North London, London, United Kingdom |
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Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP, carpet tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, 2 upright double door glass fronted display fridges (owned), 1 single door glass fronted display fridge (owned), shelving etc.
2 stockrooms
Staff cloakroom with w.c. and wash hand basin
Basement (not utilized at present)
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 25% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £14,000 p.a. exclusive of rates up to June, 2012, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £5,000 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£15,000/£20,000 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, densely populated residential and commercial area, LONDON, N |
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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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11 a.m. - 11 p.m. seven days per week |
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The business is at present operated by the vendors brother on a part time basis with the assistance of 2 part time staff. |
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