Back to List

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
 

Situated in a parade, densely populated office, residential and tourist area, LONDON, SW, within easy walking distance of Buckingham Palace. (Please register to make appointments and view addresses)

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 700 sq. ft. sales area with tiled floor. Suspended ceiling with concealed lighting. 2 air conditioning units. Háágen Dazs upright glass fronted display deep freeze (on loan), large open cool display chiller (used for beers and soft drinks), 2 upright glass fronted drinks display fridges (used for beers and wine), upright sliding double door glass fronted display fridge (used for dairy produce), 2 additional glass fronted single door display fridges (used for soft drinks), counter, 3 electronic cash registers. In addition there is 1 till with scanning (new, not utilized at present).

Staff cloakroom with w.c. and wash hand basin

Stairs to large basement

WE ARE INFORMED the turnover averages £9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. (Included in the turnover we understand there is an income of approx. £400 p.w. in respect of Video/DVD rentals). Gross profit 23% approx. In addition the business has Paypoint and we understand this provides a commission of £100 per month.

The business is at present operated by the owners with the assistance of a relative plus 3 part time staff.

11 a.m. - 12 midnight seven days per week

The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
Large Lounge
Newly Fitted Kitchen
Bathroom with bath, w.c. and wash hand basin
Utility area
First Floor Rear Patio Area

Stairs to second floor providing 2 Double Bedrooms

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 18 years unexpired at a rental of £32,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £9,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£15,000/£20,000 approx. + DVD's at valuation).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Back to Businesses for Sale