Search more Convenience Stores for sale in Stoke Newington
Reference G5425

General Store and Off Licence for sale in Stoke Newington

Location

Situated in a parade, residential and commercial area, close to an Underground Station, LONDON, N

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

SPACIOUS SINGLE FRONTED SALES SHOP approx. 750 sq. ft. sales area, we understand all refitted approx. 2 years ago. Tiled floor, suspended ceiling. Counter, electronic cash register, modern adjustable shelving, 2 large open cool display units, 2 ice cream deep freezes (owned) etc.

Small stockroom
Staff cloakroom with w.c. and wash hand basin

Turnover

WE ARE INFORMED the turnover averages 6,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 450/500 p.w. Gross profit 24% approx. In addition, the business has a Paypoint and we understand this provides a commission of approx. 45/50 p.w.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,000 plus STOCK AT VALUATION (10,000/12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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