| (REF: G6058) Profitable Full Free Off Licence Plus Self Service Convenience Store |
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| Seller Reference: |
G6058 |
| B4S Reference: |
27345 |
| Asking Price: |
£23,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£182,000 |
| 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 : SINGLE FRONTED MEDIUM SIZED SALES SHOP with 4 CCTV cameras, monitor, plus recording plus a computer and printer. Tiled floor, fluorescent lighting and fully equipped including 2 open cool display units (1 used for wines and beers, whilst the other is utilized for soft drinks and water), ice cream deep freeze, 2 upright double door glass fronted display fridges (1 on loan from Coca Cola whilst the other is on loan from Pepsi Cola), modern shelving etc.
The sales area is of a good size, however, we understand that the shop could be extended into the yard at rear, if desired.
Stockroom
Staff w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx. We understand the business has Western Union, which provides an additional income of approx. £25 p.w. We are further advised that they offer a scan/fax print and copy service providing an additional income of approx. £150 per week. In addition, we understand that there is a further income from Libara for advertising of £50 per month and approx. a further additional £120 per month from telephone top ups and Epay.
We understand the premises are held on a new 12 years from January, 2011 at a rental of £11,700 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,800 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £23,000 plus STOCK AT VALUATION (£8,000 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, busy road, 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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Monday - Thursday inclusive - 8 a.m. - 12 midnight
Friday & Saturday opening - 8 a.m. - 2 a.m.
Sunday opening - 10 a.m. - 8 p.m. |
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The business is at present operated by the vendors son on a part time basis with the assistance of 2 full time staff. |
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