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(REF: G6220)  Full Free Off Licence Slight Convenience Groceries
 
Seller Reference: G6220
B4S Reference: 32594
Asking Price: £77,000
Net Profit: Undisclosed
Sales Revenue: £390,000
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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Similar business types:
Liquor Stores Off Licences and Wine Merchants For Sale in North London
  Business Summary   
  Nationwide are pleased to offer to the market : MEDIUM SIZED SALES SHOP with tiled floor, suspended ceiling with concealed lighting. The equipment includes counter, electronic cash register plus EPOS scanning system, recently introduced, 3 open cool display units, 3 glass topped chest deep freezes, modern adjustable shelving etc.

Stockroom with shelving
Office
Staff w.c. and wash hand basin

WE ARE INFORMED the turnover averages £7,500 p.w. We are further advised that the gross profit is in the region of 26%. In addition the business has Paypoint and we understand this provices a further revenue of approximately £60/£80 per month.

We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a rental of £15,750 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £77,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Yard at rear
 
  Location: Situated in a parade, main road trading position, LONDON, NW
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  8.30 a.m. - 11 p.m. seven days per week
  Summary of Staffing   
  The business is at present operated by a husband and wife team with the assistance of 2 part time staff.





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