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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
 

Situated in a Parade, excellent High Street trading position, office and commercial area, S W LONDON. (Please register to make appointments and view addresses)

Single fronted with electric shutters, medium sized premises (500 sq. ft. approx), laminated strip floor, suspended ceiling with fluorescent lighting.

Fully equipped including: sales counter, EPOS scanning system with till plus computer, modern adjustable shelving, 2 revolving card display stands, 2 upright glass fronted drinks display fridges (on loan from Coca Cola). 1 upright double door drinks display fridge (owned and used for beers), Walls' ice cream freezer, photocopier (on loan) etc.

THE KITCHEN AREA
Staff kitchen area, etc.

* CCTV system including 4 cameras, 1 monitor and hard drive recorder.
* Stockroom at rear.
* Basement.
* Staff cloakroom with w.c. and wash hand basin.

WE ARE INFORMED the turnover averages £7,000 p.w. Gross profit 25 % approx.
* Western Union money transfers provides an additional income of £40p.w. approx.
* Mobile phone top-up cards provides an additional income of £50p.w. approx.
* Wholesale newsbill £400p.w.

The business is at present operated by the Husband & Wife team, no additional staff are employed.

7 Day week Sunday - Thursday 7am - Midnight
Friday - Saturday 7 am - 2 am

We understand the premises are held on a secure renewable lease, having approx. 11 years unexpired at a rental of £15,000 p.a. exclusive of rates next rent review in 6 months then every 4 years

Uniform Business Rates: £6,000 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 4 YEARS AND IS NOW SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S ILL HEALTH.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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