Self Service Convenience Store, Full Free off Licence

Reference G5554
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Register to see map and to make an appointment Situated in a parade, excellent main road trading position, LONDON, SW
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Turnover 6,500
Price 45,000

Features
SINGLE FRONTED MEDIUM SIZED SALES SHOP, newly fitted approx. 3 years ago. Tiled floor, suspended ceiling with concealed lighting, modern adjustable shelving, 1 greeting card display stand, 1-3.75m open cool display unit, 1-2.75m open cool display unit, single door glass fronted display fridge, till with scanning system, counter etc.

Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Kitchen area
Turnover
WE ARE INFORMED the turnover averages 6,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 22% approx.
Staff
The business is at present operated by the vendor with the assistance of his brother and 1 part time staff.
Trading Hours
Sunday - Thursday inclusive - 6.45 a.m. - 11.30 p.m.
Friday & Saturday - 6.45 - 12 midnight
Tenure
We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of 13,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 2,900 p.a. approx.

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Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 45,000 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT