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Summary:
Reference: G6095
Accom: No
Turnover: £ 6,500 p.w.
Freehold: £ 275,000
was £299,500

Finance
You can borrow £ 192,500 (freehold) to purchase this business subject to status, with a house or additional security you maybe able to borrow the full amount.


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Home » Businesses for Sale » North London » Convenience Stores » General Stores » Confectioners » Off Licences » Business Details

Advert Ref : G6095

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Freehold Self Service Convenience Store, Fruit & Vegetables, Full Free off Licence for Sale

Convenience Stores,General Stores,Confectioners,Off Licences for sale in North London

Photo 1 : Convenience Stores in North London
Photo 2 : General Stores in North London
Photo 3 : Confectioners in North London

Situated in a parade, main road trading position, densely populated residential and commercial area, LONDON, N

Features

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.

Turnover

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.

Staff

At present operated by the vendor with the assistance of his brother plus 1 full time staff.

Opening Hours

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

Outside

Small yard

Tenure

Uniform Business Rates: £4,800 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Viewing

Please call 020 8763 1777 for an appointment to view

Reference G6095

             

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