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Reference G8425

Convenience Store & Post Office in South London for sale

Location
Situated in a parade, excellent main road trading positiion, SW LONDON

Features
Well Fitted Self Service Convenience Store, Full Free off Licence with Post office Local (introduced 11th September, 2019)

Electric shutters to SPACIOUS SALES SHOP probably in the region of 900/1,000 sq. ft. sales area with quality tiled floor, ceiling with concealed LED lighting. The equipment includes large glass topped chest display deep freezer, 1-2.5m open cool display unit, 1-3.75m open cool display unit, card display stand, modern shelving, centre display gondola, counter, touchscreen till with scanning plus post office combination counter. CCTV system with 12 cameras, 2 monitors plus recording.

Stockroom
Staff w.c.

Turnover
WE ARE INFORMED the turnover in respect of the convenience store & off licence is in the region of 8,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 25%/30% approx. Post Office Local recently introduced which will obviously provide further income. In addition the business has a section for the sale of mobile phones & mobile phone repairs plus vaping sales & we are informed the average turnover is in the region of 1,500 p.w. We are further advised that the gross profit in this respect is in the region of 50%/60% approx

Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 90,000 plus STOCK AT VALUATION (30,000 approx. including mobile phone section)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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