Search more Convenience Stores for sale in North London
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Convenience Store in North London For Sale

Convenience Store in North London For Sale
Convenience Store in North London For Sale Buy a Convenience Store in North London For Sale Sell a Convenience Store in North London For Sale Convenience Store in North London For Sale for Sale Convenience Store in North London For Sale for Sale Convenience Store in North London For Sale for Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, NORTH LONDON

Turnover 6,500
Price 65,000

Features

Self Service Convenience Store, Full Free off Licence

SPACIOUS SALES SHOP in the region of 1,200 sq. ft. sales area. Tiled floor, suspended ceiling with LED lighting. Air conditioning. We understand the shop was refitted in 2017. Counter, 1 till with EPOS scanning system, 4 Arneg open cool display units, 4 deep freezers, shelving. 16 cameras, monitor plus recording etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of 6,500 p.w. in our opinion offering tremendous potential for further increase, especially as a large number of flats are being built opposite. The business has Oyster which we understand provides a commission of approximately 80 p.w. In addition there is an ATM machine which provides an additional income of approximately 2,000 p.a.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 9 p.m.

Outside

Service area at rear of parade with car parking space

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of 14,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 2,300 p.a. approx. (should be reduced with small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 65,000 plus STOCK AT VALUATION (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 32,500 (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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