Search more Convenience Stores for sale in South London
Reference G8430

Costcutter & Post Office in South London For Sale

Costcutter & Post Office in South London For Sale
Costcutter & Post Office in South London For Sale Buy a Costcutter & Post Office in South London For Sale Sell a Costcutter & Post Office in South London For Sale Costcutter & Post Office in South London For Sale for Sale Costcutter & Post Office in South London For Sale for Sale Costcutter & Post Office in South London For Sale for Sale Costcutter & Post Office in South London For Sale for Sale Costcutter & Post Office in South London For Sale for Sale

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

Turnover 11,000
Post Office 30,000
Price 135,000

Features

Well Established Self Service Convenience Store, Full Free off Licence with Post office Local

SPACIOUS SALES SHOP probably in the region of 1,200 sq. ft. Counter, electronic cash register plus post office combination counter, 2-2.5m open cool display units, 2 double door glass fronted fridges, modern shelving, mobile phone section (part of the business).

Large basement with office, staff w.c.

Turnover

WE ARE INFORMED the turnover is in the region of 11,000/12,000 p.w. in our opinion offering further potential to increase in the right hands. In addition there is a certain amount of turnover in respect of the mobile phone section. We are further advised that the gross profit is in the region of 20%. Post office income in the region of 30,000 p.a. We understand approximately 100 flats are being built nearby giving the business further potential

Staff

At present operated under management. Staff employed 1 manager, 1 full time plus 3 part time staff.

Trading Hours

Sunday - 10 a.m. - 9 p.m.
Monday, Tuesday, Wednesday & Thursday - 8 a.m. - 12 midnight
Friday & Saturday - 8 a.m. - 2 a.m.

Tenure

We understand the premises are held on a secure renewable lease for a period of 15 years from the 4th March, 2019 at a rental of 27,500 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 11,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS 135,000 plus STOCK AT VALUATION (45,000 approx. can be reduced)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 67,500 (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 Costcutter & Post Office in South London For Sale on NationwideBusinesses.co.uk