| (REF: G6101) Self Service Convenience Store, Full Free Off Licence |
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| Seller Reference: |
G6101 |
| B4S Reference: |
28953 |
| Asking Price: |
£49,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£301,600 |
| 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 : MEDIUM SIZED SALES SHOP with lino floor, suspended ceiling with fluorescent lighting and fully equipped including counter, electronic cash register, 1 glass topped deep freeze, 1-3m open cool display unit, 1-2m open cool display unit, shelving etc.
Large stockroom
Staff w.c. and wash hand basin
WE ARE INFORMED the turnover averages £5,800 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of newspapers and magazines. Gross profit we are advised in the region of 24% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 17 years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,600 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£10,000 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: |
Occupying a corner position, end of terrace, densely populated 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 - 8 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 6 p.m. |
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The business is at present operated by the vendor with the assistance of his wife and 2 part time staff. |
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