| (REF: G6223) Self Service Convenience Store, Full Free Off Licence |
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| Seller Reference: |
G6223 |
| B4S Reference: |
32591 |
| Asking Price: |
£65,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£416,000 |
| 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 : Electric shutters to SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 900/1,000 sq. ft. sales area. Ceramic tiled floor, suspended ceiling with concealed lighting. Newly fitted approximately 2 months ago including centre display gondola, 1 glass topped chest deep freeze, 2-3.75m open cool display units, 1 glass topped chest deep freeze, ice cream deep freeze (owned) etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
WE UNDERSTAND the shop was opened in approximately October, 2011 and we are further advised that the turnover is currently in the region of £8,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit we understand to be in the region of 23%.
We undersand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired at a rental of £21,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£35,000 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, commercial and 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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8 a.m. - 10 p.m. seven days per week |
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The business is at present operated by 2 partners with the assistance of 1 full time and 1 part time staff. |
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