Search more Convenience Stores for sale in Clapham
Reference G8186

Convenience Store in Clapham For Sale

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

Turnover 17,000
Price 140,000

Features

Self Service Convenience Store, Full Free off Licence

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 800/850 sq. ft. sales area with non-slip floor, LED lighting. Well equipped including counter, 2 electronic cash register, 2 glass topped chest display deep freezers, 2 open cool display units, 1 glass fronted single door display fridge (on loan from Coca Cola), modern adjustable shelving etc.

Stockroom with shelving
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 17,000 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 25%. We understand that a small section of one of the corners of the shop is let and provides a rental income of 1,800 per month. This area is used for mobile phones.

Staff

2 full time & 2 part time staff employed.

Trading Hours

Sunday - Thursday inclusive - 7 a.m. - 1 a.m.
Friday & Saturday operated 24 hours per day

Tenure

We understand the premises are held on a secure renewable lease the present lease expiring in 2020 at a rental of 47,500 p.a. exclusive of rates. We understand from the present tenant the landlord will consider, subject to satisfactory references, granting a new 10 years lease at terms and rent to be agreed.

Uniform Business Rates: 12,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 70,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Convenience Stores for sale in Clapham

Buy a Convenience Store in Clapham For Sale on NationwideBusinesses.co.uk