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Reference G7820

General Store in Lee For Sale

General Store in Lee For Sale
Buy a General Store in Lee For Sale Sell a General Store in Lee For Sale General Store in Lee For Sale for Sale

Register to see map and to make an appointment Excellent trading position, adjoining Railway Station, SOUTH EAST LONDON LEE

Turnover 4,500
Price 35,000

Features

Self Service Stores, Counter News, Confectionery, Tobacco and National Lotery

SINGLE FRONTED SALES SHOP probably in the region of 300 sq. ft sales area with tiled floor, suspended ceiling with fluorescent lighting. 1 small deep freezer, ice cream deep freezer, 1-1.75m open cool display unit, modern shelving, counter, electronic cash register, hot display cabinet, 1 greeting card display stand etc.

Shared staff toilet facilities

Turnover

WE ARE INFORMED the turnover averages 4,500 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill 50 p.w. We are advised that the gross profit is in the region of 25%. We are advised the business has recently been granted a National Lottery agency and sales are presently 200 per week and growing..

Staff

The business is at present operated by the owners with the assistance of casual staff when required.

Trading Hours

5.30 a.m. - 9 p.m. seven days per week

Tenure

We understand the premises are held on a Transport for London Recurring Lease at a current rental of 7,000 p.a. plus VAT.

Uniform Business Rates: We understand nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION (8,000 approx)
LOAN POSSIBLE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 17,500 (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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