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Reference G7518

Convenience Store and Off Licence in St Pauls for sale

Location
Situated end of parade, CITY OF LONDON

Features
Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

SINGLE FRONTED SALES SHOP in the region of 500 sq. ft. sales area with tiled floor. Counter, till with EPOS scanning system, 2 double door glass fronted display fridges (1 owned whilst the other is on loan from Cocal Cola), open cool display unit, shelving, coffee machine (on lease agreement to be taken over) etc.

Use of shared toilet facilities

Turnover
WE ARE INFORMED the turnover averages in the region of 6,500/7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 160 p.w. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 200/250 p.w. The business also has Oyster which we understand provides a further commission of approximately 80 p.w.

Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 69,500 plus STOCK AT VALUATION (18,000/20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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