Search more Convenience Stores for sale in South London
Reference G8370

General Store & Off Licence in South London For Sale

General Store & Off Licence in South London For Sale
General Store & Off Licence in South London For Sale Buy a General Store & Off Licence in South London For Sale Sell a General Store & Off Licence in South London For Sale General Store & Off Licence in South London For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential & commercial area SW LONDON

Turnover 5,000
Price 40,000

Features

Self Service Convenience Store, Full Free off Licence

DOUBLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with woodstrip floor, ceiling with concealed lighting. The equipment includes 3 glass topped chest display deep freezers, 4 open cool display units, modern shelving, electronic cash register, counter etc.

2 stockrooms
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,000/6,000 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 28%. The business has Oyster which we are advised provides a commission of 25/30 p.w. The business also has Hermes parcel service which provides a further commissionn of 130/150 p.w. There is also an ATM machine which provides a further commission of 28 per month.

Staff

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

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 10.30 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 19 years unexpired at a rental of 18,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 7,800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION (15,000/18,000 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

Search more Convenience Stores for sale in South London

Buy a General Store & Off Licence in South London For Sale on NationwideBusinesses.co.uk