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Reference C8994

Newsagent & Off Licence in South London for sale

Location
Situated in a parade, busy road, residential area SW LONDON

Features
Well Established News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free off Licence

SINGLE FRONTED MEDIUM SIZED SALES SHOP with counter, electronic cash register, 2 greeting card display stands, 1 open cool display unit, shelving etc.

Stockroom
Staff w.c. & wash hand basin

Turnover
WE ARE INFORMED the turnover averages 5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 300 p.w. Gross profit 20% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 60 p.w.

Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 39,500 plus STOCK AT VALUATION (10,000/12,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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