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Profitable Old established Freehold COUNTER NEWS, CONFECTIONERY, TOBACCO, SELF SERVICE CONVENIENCE STORES, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY AND BUS PASSES
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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
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Location |
Situated in a parade, busy trading position, LONDON SW
(Please register to make appointments and view addresses) |
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Features |
DOUBLE FRONTED SALES SHOP approx. 600 sq. ft. sales area with suspended ceiling, concealed lighting. Well fitted including counter, electronic cash register, open cool display unit (used for soft drinks, beers, milk etc), modern adjustable shelving, 1 greeting card display stand, display gondola, magazine display shelving. (CCTV system with 4 cameras, monitor plus recording. Burglar Alarm system on leasing agreement having approximately 2 years unexpired to be taken over).
Stockroom at rear
Staff w.c.
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Turnover |
WE ARE INFORMED the turnover averages £9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,100 p.w. Gross profit 20% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £175 p.w. The business is also agents for bus passes and we understand this provides a further commission of approx. £560 p.w. Also in addition the business sells top-up cards and we understand this provides an additional revenue of approx. £100 p.w. It should be noted that there is an advertising board and we understand the owners receive an income of £1,000 per month.
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Staff |
The business is at present operated by the owner's brother with the assistance of his wife on a full time basis plus 1 full time staff employed.
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Opening
Hours |
Monday - Saturday inclusive - 5.30 a.m. - 9 p.m.
Sunday opening - 6 a.m. - 8 p.m.
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Accommodation |
The accommodation in the form of a SELF CONTAINED FLAT over all moderised, FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
1 Double Bedroom
Large Bathroom with new suite comprising bath, shower over bath, w.c. and wash hand basin.
Large Lounge
Kitchenette with fitted units
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Tenure |
Uniform Business Rates: £4,500 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
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Price |
OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in excess of £750,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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Reference
: C7097
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