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Well fitted SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, 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 sought after residential area, LONDON, NW
(Please register to make appointments and view addresses) |
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Features |
SPACIOUS SINGLE FRONTED SALES SHOP approx. 900 sq. ft. with tiled floor, suspended ceiling. We understand newly fitted approx. 4 years ago. Modern adjustable shelving, centre display gondola, 1-12ft open cool display unit, 1 upright double door drinks display fridge (used for wines and beers), 1 upright single door drinks display fridge (also used for wines and beers) in addition there is 1 upright double door plus 1 upright single door drinks display fridges (both used for soft drinks), counter, EPOS scanning system with 2 tills etc.
Staff cloakroom with w.c. and wash hand basin
Basement used for storage purposes
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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 £200 p.w. Gross profit 25% approx.
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Staff |
The business is at present mainly staff operated. Staff employed 2 full time plus 2 part time. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
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Opening
Hours |
Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 9 p.m.
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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 £22,500 p.a. exclusive of rates up to October, 2010, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £6,000 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
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Price |
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £55,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference
: G5175
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