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Reference C9146

Newsagent & Off Licence in South London for sale

Newsagent & Off Licence in South London for sale
Newsagent & Off Licence in South London for sale Buy a Newsagent & Off Licence in South London Sell a Newsagent & Off Licence in South London

Location
Situated in a parade, residential area SW LONDON

Features
News, Confectionery, Tobacco Slight Convenience Groceries, Full Free off Licence

The busiess has been in same hands for the past 35 years & is now solely offered for sale due to retirement.

Forecourt with accessible lockers for parcel collection providing a commission of 1,000 p.a.

Electric shutters to DOUBLE FRONTED SALES SHOP. 400/450 sq. ft. 2.75m open cool display unit (used for soft drinks, beers plus milk), centre display gondola, 4 greeting card display stands (3 with drawers under), magazine display shelving, counter, electronic cash register etc.

Staff cloakroom with w.c. & wash hand basin

Turnover
WE ARE INFORMED the turnover averages 3,700 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill 600 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards. We are further advised that the sales year ending 30th June, 2017 showed 147,224 plus commission received of 2,800 providing total sales of 150,024 with a gross profit of 38,214.

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

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