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Reference G5676

General Store and Off Licence in Hammersmith For Sale

Register to see map and to make an appointment Situated in a parade of shops, residential area, LONDON, W HAMMERSMITH

Turnover 4,500
Price 55,000

Features

Well Fitted Self Service Convenience Store, Full Free off Licence

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 600 sq. ft. sales area, we understand newly fitted in 2002. Tiled floor, suspended ceiling with concealed lighting. The equipment includes counter, electronic cash register, 2 glass topped chest deep freezes, 1 large open cool display unit, modern adjustable shelving, display gondola etc.

2 Stockrooms (1 with shelving)
Staff cloakroom with w.c. and wash hand basin
Small kitchen

Turnover

WE ARE INFORMED the turnover averages 4,000/5,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 25% approx.

Staff

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

Trading Hours

Monday - Saturday inclusive - 10 a.m. - 11 p.m.
Sunday opening - 10 a.m. - 10.30 p.m.

Outside

Yard at rear providing parking space for 2/3 cars

Tenure

We understand the premises are held on a new 15 years full repairing and insuring lease at a rental of 16,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 yeas.

Uniform Business Rates: 5,490 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 55,000 plus STOCK AT VALUATION (20,000/25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 27,500 (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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