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(REF: G5378)  Profitable Self Service Stores, Full Free Off Licence, Newsagents.
 
Seller Reference: G5378
B4S Reference: 21774
Asking Price: £40,000
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
  Business Summary   
  Nationwide are pleased to offer to the market : No parking restrictions

DOUBLE FRONTED MEDIUM SIZED SALES SHOP with suspended ceiling, concealed lighting. Fully equipped including modern adjustable shelving, 2 glass topped chest deep freezes, 1-12ft open cool display unit (used for beers and soft drinks), 1-9ft open cool display unit (used for dairy produce plus wine), checkout counter, electronic cash register etc.

Stockroom
Kitchen area
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 25% approx. The sale of bus passes have recently been introduced aswell as Paypoint providing a further income of approx. £200 per week.

We understand the premises are held on a new 16 years lease from August, 2010 at a rental of £14,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £6,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, nusy road, residential area, close to The Broadway, LONDON, N
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday - Thursday inclusive - 7 a.m. - 11 p.m.
Friday & Saturday - 7 a.m. - 12 midnight
Sunday opening - 8 a.m. - 11 p.m.
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of 1 part time staff.





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