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Reference C8009

Newsagent and Off Licence in North Acton for sale

Location
Situated in a parade, main road trading position, residential area, LONDON, NW

Features
Profitable News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence Plus Bus Passes

The business has the advantage of having a Bus Stop outside

DOUBLE FRONTED SALES SHOP probably in the region of 600 sq. ft. sales area with tiled floor, suspended ceiling, fluorescent lighting and fully equipped including counter, 2 tills with EPOS scanning system, cigarette gantry (on loan), 1-3.75m open cool display unit (used for soft drinks, milk & dairy produce etc), 1-2.5m open cool display unit (used for wines & beers), upright single door glass fronted display fridge (used for milk), greeting card display, shelving. CCTV system with 15 cameras, 2 monitors plus recording etc.

Stockroom
Staff w.c. and wash hand basin

Turnover
WE ARE INFORMED the turnover averages 10,000/12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 700 p.w. Gross profit 25% approx. In addition the business is agents for Oyster cards and we understand this provides a commission of approximately 500 p.w. The business also has Paypoint which we understand provides a further commission of approximately 500 per month. In addition there is a free to use ATM machine.

Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 185,000 plus STOCK AT VALUATION (35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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