Search more Convenience Stores for sale in North London
Reference G8064

Convenience Store in North London For Sale

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

Turnover 9,500
Price 165,000

Features

Self Service Convenience Store, Full Free off Licence

SPACIOUS SINGLE FRONTED SALES SHOP with tiled floor, suspended ceiling with concealed lighting. The equipment includes 1 electronic cash register, 4 open cool display units, glass fronted upright display deep freezer, ice cream deep freezer, shelving, display gondola etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 9,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 22% approx.

Staff

At present operated by a husband & wife team with additional friends help when required.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 1 a.m.
Sunday opening - 8 a.m. - 12 midnight

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a rental of 26,000 p.a. exclusive of rates for the next 2 years with rent to be agreed thereafter. We understand that if required the landlords are prepared to grant, subject to satisfactory references, a new lease at terms and rent to be agreed.

Uniform Business Rates: 8,880 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 165,000 plus STOCK AT VALUATION (50,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 82,500 (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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