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(REF: G5493)  Profitable Self Service Convenience Store, Full Free Off Licence
 
Seller Reference: G5493
B4S Reference: 21778
Asking Price: £75,000
Net Profit: Undisclosed
Sales Revenue: £364,000
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 : SINGLE FRONTED SALES SHOP approx. 4.7 metres wide x 14 metres depth with tiled floor, suspended ceiling, 1 air conditioning unit. Fully equipped including modern adjustable shelving, 2 glass topped chest deep freezes, 2 upright single door drinks display fridges, 1 upright double door drinks display fridge, 2 Coca Cola open cool display units (on loan), counter, electronic cash register, CCTV system with 6 cameras, 1 monitor plus recording.

Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 24% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired at a rental of £13,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £3,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Yard at rear with parking space for 1/2 cars
 
  Location: Situated in a parade, main road trading position, densely populated residential and commercial area, 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   
  7 a.m. - 10.30 p.m. seven days per week
  Summary of Staffing   
  The business is at present operated by a husband and wife team, with the assistance of 1 full time staff.





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