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Convenience Store in West London For Sale

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

Register to see map and to make an appointment Situated in a parade, excellent trading position, just off the high street, residential & commercial area, WEST LONDON

Turnover 6,000
Price 45,000

Features

Well Fitted Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

SPACIOUS SINGLE FRONTED SALES SHOP we understand refitted approximately 8 months ago. Tiled floor, suspended ceiling with concealed lighting. Well equipped including 3 open cool display units, 1 upright double door display deep freezer, modern shelving, counter, electronic cash register etc.

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

Turnover

WE ARE INFORMED the turnover averages 6,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill 250 p.w. We are advised the gross profit is in the region of 24%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we are advised this provides a commission of approximately 200 p.w. The business also has Oyster which we understand provides a further commission of approximately 200 p.w.

Staff

At present staff operated. 1 full time plus 1 part time staff employed.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 6 p.m.
Sunday opening - 9 a.m. - 4 p.m.

Outside

Car parking space at rear for 2 cars

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of 17,000 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 3,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

OFFERS TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 45,000 plus STOCK AT VALUATION (15,000/20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 22,500 (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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