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Profitable SELF SERVICE STORES, CONFECTIONERY, TOBACCO with SUB POST OFFICE
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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, main road trading position, densely populated residential area, LONDON,
(Please register to make appointments and view addresses) |
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Features |
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,100 sq. ft. sales area with suspended ceiling, industrial non-slip floor (Post Office section carpeted), modern shelving, 3 greeting card display stands with drawers, ice cream deep freeze (owned), open dairy display cool unit (on hire purchase, to be taken over), glass fronted display fridge (owned), counter, EPOS scanning system with till (on leasing agreement). Post Office counter with anti-bandit screen (3 positions) etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
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Turnover |
WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £700 p.w. Gross profit 24% approx. Post Office salary £50,000 p.a. approx.
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Staff |
The business is at present operated by 2 partners with the assistance of 2 full time staff.
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Opening
Hours |
Monday - Saturday inclusive - 7.30 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 9 p.m.
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Accommodation |
The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present partly let on a shorthold tenancy and provides a rental income of approx. £550 per month, however, we understand that vacant possession can be given on completion, if required. We are further advised that in the event of all the accommodation being let on a shorthold tenancy, the rental income could be increased. The accommodation comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units
In addition, on the first floor is a small patio area
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Outside |
Parking space for 1 car
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Tenure |
We understand the premises are held on a secure renewable lease having approximately 8 years unexpired at a rental of £28,500 p.a. exclusive of rates fof the next 4 years, with rent to be agreed thereafter.
Uniform Business Rates: £6,500 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
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Price |
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference
: G5246
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