Situated in a parade, main road trading position, densely populated residential and commercial area, LONDON, N
Turnover £ 6,500
Forecourt used for the display of fruit and greens to -
ATTRACTIVE SINGLE FRONTED SALES SHOP probably in the region of 500 sq. ft. sales area. Refitted approxiately 3 years ago. Ceramic tiled floor, fluorescent lighting, modern adjustable shelving, glass topped chest deep freeze, centre display gondola, 1-3.75m open cool display unit (used for beers, soft drinks, wines etc), 1-2m open cool display unit (used for milk and dairy produce), glass topped ice cream deep freeze (owned).
Large stockrooms, 1 deep freeze, 3 fridges (only 1 used at present)
Staff cloakroom with w.c. and wash hand basin
It will be appreciated upon inspection that one of the large stockrooms at rear has potential to be converted into living accommodation, subject to the necessary planning permission. It should be noted that there is separate shared access from the front of the property to this rear stockroom.
WE ARE INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 22% approx.
At present operated by the vendor with the assistance of his brother plus 1 full time staff.
8 a.m. - 11 p.m. seven days per week
During the summer months the business remains open until 11.30 p.m/12 midnight
Uniform Business Rates: £4,800 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT