| (REF: G5386) Well Fitted Self Service Convenience Store, Full Free Off Licence |
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| Seller Reference: |
G5386 |
| B4S Reference: |
08226 |
| Asking Price: |
£85,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£312,000 |
| 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 : SPACIOUS SINGLE FRONTED SALES SHOP approx. 800 sq. ft. sales area with ceramic tiled floor, suspended ceiling. Well equipped including modern adjustable shelving, ice cream deep freeze, 1-13ft open cool display unit, 1-4.1ft open cool display unit, checkout counter, electronic cash register etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Stairs to first floor comprising large room, potential office or possibly small living accommodation.
The business we understand was opened in June, 2008 and we are advised the turnover is currently £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. In addition the business has Paypoint and we understand this provides a commission of approx. £100 p.w.
We understand the premises are held on a secure lease having approximately 20 years unexpired at a current rental of £17,000 p.a. exclusive of rates. We are further advised that the rent was due for review on the 1st July, 2008, however, at the present time the landlord has not requested any increase. We are further advised that the rent reviews are every 5 years.
Uniform Business Rates: £4,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 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: |
No |
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Location: |
Situated in a parade, excellent main road trading position, LONDON, NW |
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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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9 a.m. - 9 p.m. seven days per week |
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The business is at present operated by the vendor with the assistance of 1 full time staff. |
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