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Convenience Store & Off Licence in South London For Sale

Convenience Store & Off Licence in South London For Sale
Convenience Store & Off Licence in South London For Sale Buy a Convenience Store & Off Licence in South London For Sale Sell a Convenience Store & Off Licence in South London For Sale Convenience Store & Off Licence in South London For Sale for Sale Convenience Store & Off Licence in South London For Sale for Sale

Register to see map and to make an appointment Sought after position, residential area, near schools, 2 universities & hospital, SW LONDON

Turnover 9,250
Price 75,000

Features

Superbly Fitted Self Service Convenience Store, Full Free off Licence

The business has the advantage of a well utilized bus stop in front of shop

Situated in a sought after residential area & close to a regeneration development.

Forecourt area in front

SPACIOUS SALES SHOP in the region of 1,000/1,200 sq. ft. sales area. Newly fitted approximately 2 years ago. Quality tiled floor, ceiling with LED lighting. The equipment includes 2 upright double door glass fronted display deep freezers, 1-2m open cool display unit (used for dairy produce & soft drinks), 1-2m open cool display unit (solely used for soft drinks), 1 additional 2m open cool display unit (used for wines & beers), glass topped ice cream deep freezer plus 2 glass fronted door section over also for ice cream, counter, electronic cash register with EPOS scanning system, coffee machine, CCTV system with 16 cameras, 2 monitors plus recording.

Office
Disabled staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently in the region of 9,250 p.w. in our opinion offering terrific potential for further increase in the right hands. We are further advised the gross profit is in the region of 24%. The business also has Oyster & we understand this provides a commission of approximately 250 p.w. The business also undertakes the sale of mobile phone accessories plus repairs providing a further revenue.

Staff

The business is at present mainly staff operated. Staff employed 2 full time plus 1 part time.
It will be appreciated upon inspection with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 9 a.m. - 10 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in 2033 at a current rental of 23,500 p.a. exclusive of rates. We understand the rent is linked to the Retail Price Maintenance each year.

Uniform Business Rates: Nil payable after small business relief

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPEBRLY FITTED SELF SERVICE CONVENIENCE STORE WITH FULL FREE OFF LICENCE WHICH IN OUR OPINION OFFERS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 75,000 plus STOCK AT VALUATION (25,000/30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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