Corner position Double fronted shop with electric shutters, medium sized premises (800 / 900 Sq Ft Approx), tiled floor, suspended ceiling with fluorescent lighting. Well equipped including sales counter, electronic cash register, modern adjustable shelving, CCTV system including 8 cameras, 2 monitor and DVD recorder, 3 metres open cool display unit, 2 metres open cool display unit.
• Stock room / Store room.
• Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED by the vendor the turnover averages £12,000 p.w. Gross profit 25% approx.
• Wholesale newsbill £500 p.w.
• Online National Lottery sales provides an additional income of £75 p.w.
• National Lottery Scrach cards sales provides an additional income of £40 p.w.
• The sales of Oyster top-ups & Travel cards provides an additional income of £150 p.w.
• Phone card sales provides an additional income of £40 p.w.
• PayPoint sales provides an additional income of £25 p.w.
• PayZone sales provides an additional income of £60 p.w.
Staff
The business is at present operated by the vendor, with the assistance of 2 full time staff and 2 part time staff
Opening
Hours
7 Day week (Monday - Sunday) 7am - 11pm
Tenure
We understand the premises are held on a secure renewable lease from the private landlord and currently has 11 years unexpired next review in 3 years with reviews every 4 years at a rent of £11,500 p.a.
Uniform Business Rates: £4,800 p.a. approx. + water rates (metered).
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Reference
G5490
Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.
