| (REF: G5835) Self Service Convenience Store, Household Goods, Full Free Off Licence |
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| Seller Reference: |
G5835 |
| B4S Reference: |
21790 |
| Asking Price: |
£70,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£494,000 |
| 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 : IMPRESSIVE SALES SHOP approx. 6m wide x 25m depth, tiled floor, modern adjustable shelving, 10m open cool display unit, 3-tier ice cream display deep freeze, glass topped display deep freeze, counter, electronic cash register. CCTV system with 12 cameras, 2 monitors plus recording.
Large stockroom
Staff cloakroom with w.c. and wash hand basin
Basement
WE ARE INFORMED the turnover averages £9,500 - £10,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 20% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 26 years unexpired at a rental of £26,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £10,300 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£35,000/£40,000 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, 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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Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 10.30 p.m. |
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The business is at present operated by the vendor with the assistance of 8 part time staff. |
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