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Convenience Store in London Bridge For Sale

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

Register to see map and to make an appointment End of terrace, residential area, SE LONDON LONDON BRIDGE

Turnover 5,000
Price 40,000

Features

Well Fitted Self Service Convenience Store, Counter News, Confectionery, Tobacco

DOUBLE FRONTED SALES SHOP occupying a corner position, approximately 400 sq. ft. sales area. Recently newly fitted. Tiled floor, suspended ceiling with LED lighting, 1 upright double door glass fronted display deep freezer, 12' open cool display unit, counter, till with EPOS scanning system.

Staff cloakroom with w.c. & wash hand basin

Basement stockroom

Turnover

WE ARE INFORMED the turnover currently averages 5,000 p.w. We understand there is a current Premises Licence for the sale of wines, beers & spirits, however no alcohol is sold at present & in our opinion there is terrific potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining the necessary Personal Licence. Wholesale newsbill 90 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards & we are advised this provides a commission of 20 p.w. The business also has Oyster we are advised provides a further commission of 60 p.w. The business also has Paypoint.

Staff

At present operated by the partners on a part time basis with the assistance of 2 full time staff.

Trading Hours

24 hours per day seven days per week

Tenure

We understand the premises are held on a new 15 years lease from the 1st February, 2017 at a rental of 13,000 p.a. exclusive of rates up to the 1st February, 2021 with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION (12,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 20,000 (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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