| (REF: G6021) Well Fitted Self Service Convenience Store, Full Free Off Licence. |
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| Seller Reference: |
G6021 |
| B4S Reference: |
27380 |
| Asking Price: |
£39,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£208,000 |
| 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 DOUBLE FRONTED SALES SHOP approx. 650 sq. ft. sales area with ceramic tiled floor, suspended ceiling with inset lighting. Well equipped including modern adjustable shelving, centre display gondola, 2 glass sliding topped display deep freezes, 1-3.75m open cool display unit (used for soft drinks), 1-2m cool display unit (used for wines and beers), counter etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised there is an additional income of approximately £200 p.w. in respect of Payzone, phone cards plus Oyster. The business also has an ATM machine which we understand provides a commission of approx. £25 p.w.
We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £13,750 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £5,300 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£10,000/£15,000 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: |
Service area at rear with parking space for 2 cars |
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Location: |
Situated in a parade, main road trading position, residential 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 - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 10 p.m. |
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The business is at present mainly staff operated with a manager on a part time basis plus 2 full time and 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. |
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