| (REF: G5445) Profitable Modern Self Service Convenience Store, Off Licence Plus Coffee Shop |
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| Seller Reference: |
G5445 |
| B4S Reference: |
09217 |
| Asking Price: |
£155,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£520,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South London, London, United Kingdom |
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Nationwide are pleased to offer to the market : IMPRESSIVE & SPACIOUS SALES SHOP in the region of 1,000 sq. ft. sales area, tiled floor, suspended ceiling. Well equipped including 4 open cool display units, counter, 2 tills with scanning, 1 glass topped large chest display deep freeze.
Coffee Shop area with 3 group coffee machine, coffee grinder, panini toaster etc.
Stockroom
Walk-in Deep Freeze
Walk-in Coldroom
2 Staff Cloakrooms
WE ARE INFORMED the turnover averages £10,000/£11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. We are informed the gross profit is in the region of 34%.
We understand the premises are held on a secure renewable lease, the present lease having approximately 22 years unexpired at a rental of £32,000 p.a. exclusive of rates. We understand there was a rent revision due in October, 2008, however we understand at the present time the present owners have not received any request for an increase. We are further advised that rent reviews are every 5 years. In addition we understand there is a current service charge of £1,500 per quarter.
Uniform Business Rates: £12,200 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A PROFITABLE SELF SERVICE CONVENIENCE STORE WITH FULL FREE OFF LICENCE & COFFEE SHOP IN THIS SOUGHT AFTER LOCALITY.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £155,000 plus STOCK AT VALUATION (£18,000/£20,000 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: |
Excellent trading position, commercial, office and residential area, close to Tower Bridge, SOUTH EAST LONDON |
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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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7 a.m. - 11 p.m. seven days per week |
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The business is at present operated by 2 partners with the assistance of 4 part time staff. |
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