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Reference G8059

General Store & Off Licence in Southall For Sale

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

Register to see map and to make an appointment Situated in a parade of shops, busy road, densely populated residential & commercial area, MIDDLESEX SOUTHALL

Turnover 5,000
Price 50,000

Features

Fully Equipped Self Service Convenience Store, Full Free off Licence

DOUBLE FRONTED SALES SHOP with tiled floor, fluorescent lighting. The equipment includes counter, 1 electronic cash register, 2 cool display units, modern shelving etc.

Large stockroom with racking
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,000 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 24%.

Staff

At present operated by the vendor with the assistance of 3 part time staff.

Trading Hours

Sunday - Thursday inclusive - 8 a.m. - 11 p.m.
Friday & Saturday opening - 8 a.m. - 12 midnight

Tenure

We understand the premises are held on a secure renewable lease at a rental of 20,000 p.a. exclusive of rates. We understand the landlord will consider a surrender of the existing lease and the granting of a new 20 years full repairing and insuring lease at a rental of 20,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,000 plus STOCK AT VALUATION (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 25,000 (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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