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Reference G8206

Convenience Store in Enfield For Sale

Convenience Store in Enfield For Sale
Buy a Convenience Store in Enfield For Sale Sell a Convenience Store in Enfield For Sale Convenience Store in Enfield For Sale for Sale

Register to see map and to make an appointment Situated in a parade of shops, residential area, MIDDLESEX ENFIELD

Turnover 9,000
Price 69,500

Features

Self Service Convenience Store, Full Free off Licence

SPACIOUS SINGLE FRONTED SALES SHOP approximately 600/700 sq. ft. sales area with tiled floor, suspended ceiling with fluorescent lighting & well equipped including counter, electronic cash register with scanning, 1 glass topped chest display deep freezer, 2-3.75m open cool display units, modern shelving. CCTV system with 8 cameras, monitor plus recording etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 9,000 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 20%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 80 p.w. The business also has Oyster which we understand provides a commission of approximately 50 p.w. plus Western Union which we understand provides a further commission of approximately 100 per month. The business is also agents for a Parcel Service. There is an external ATM machine.

Staff

At present operated by the vendor with the assistance of 1 full time & 2 part time staff.

Trading Hours

7.30 a.m. - 10.30 p.m. seven days per week

Outside

Parking at rear for 2 cars

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of 10,800 p.a. exclusive of rates till November 2019, with rent reviews every 5 years.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 69,500 plus STOCK AT VALUATION (20,000/25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 34,750 (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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