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Business Details
Advert Ref : C7166

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LONG ESTABLISHED OFF LICENCE.

  

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

Summary:
Reference: C7166
Categories: Off Licences
Confectioners
Location: East London
Turnover: £ 5,500 p.w.
Price: £ 35,000 (Leasehold)
 
Location

Situated in a Parade, excellent main road trading position, residential area, LONDON. (Please register to make appointments and view addresses)

Features

Single fronted with shutters, medium sized premises, tiled floor, fluorescent lighting.

Fully equipped including: sales counter, electronic cash register, modern adjustable shelving, 3 x upright glass fronted drinks display fridge, etc.

* Stockroom at rear.
* Staff cloakroom with w.c. and wash hand basin.

Turnover

WE ARE INFORMED the turnover averages £5,500 p.w. Gross profit 25% approx.

Staff

The business is at present operated by the vendors family, 1 full time and an additional 1 part time staff employed.

Opening Hours

7 Day week (Monday - Sunday ) 10am - 11pm

Outside

Parking space for 1 car.

Tenure

We understand the premises are held on a secure renewable lease, having approx. 8 years unexpired at a rental of £7,800 p.a. exclusive of rates next rent review in 3 years then every 5 years

Uniform Business Rates: £764 p.a. approx.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£15,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Reference C7166

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

             

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