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SELF SERVICE CONVENIENCE STORE, DVD RENTALS, FULL FREE OFF LICENCE
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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, densely populated office, residential and tourist area, LONDON, SW, within easy walking distance of Buckingham Palace.
(Please register to make appointments and view addresses) |
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Features |
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
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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. (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.
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Staff |
The business is at present operated by the owners with the assistance of a relative plus 3 part time staff.
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Opening
Hours |
11 a.m. - 12 midnight seven days per week
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Accommodation |
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
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Tenure |
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
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Price |
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
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Reference
: G5249
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