Impressive Supermarket in Enfield For Sale

Detached property, excellent main road trading position, residential, office and commercial area, MIDDLESEX ENFIELD

Turnover £ 22,000
Price £190,000

Features

Impressive Convenience Store, Counter News, off Licence, National Lottery

Verisure alarm system

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, approx 2,000 sq ft. GROUND FLOOR SALES AREA plaster board ceiling with fluorescent lighting, wood strip floor, Air conditioning with hot air. EPOS scanning system with 2 tills + computer, display shelving, display fridges, 2m vegetable fridge, 2m milk fridge, 1m meal deal frdge, 2m vegan fridge, 4m beer fridge, 2m soft drinks fridge, upright Háágen Dazs freezer (owned), chest freezer, 2m upright frozen food fridge. CCTV system (22 cameras, 1 monitor & hard drive / cloud recorder).

Baker Section - baker's oven, microwave oven, coffee machine, painini machine, hot food serve over

Walk-in coldroom
Freezer room
Stockroom / Storeroom

Office
Staff room

Staff Toilet

Basement, shelved, used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £22,000 p.w.. Wholesale newsbill TBA p.w. with a Gross profit of 24% approx. In addition the business is agents for the sale of on line National Lottery tickets & we understand this provides a commission of £60 p.w. The business also has DHL agency which provides a further commission of £100 per month. The business also has an ATM machine which provides a further commission of £200 per month.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of : £60 per month from the sale of, National Lottery

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of : £25 per month from the sale of DHL

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of : £50 per month from the sale of, ATM

Staff

The business is at present operated by 1 partner with the assistance of 3 full time staff employed. We are informed the wage bill averages £1,250 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY inclusive 7am - 10pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a sub lease (private company) granted for 9 years in 2020 with reviews every 3 years (next review 2023) at a current rent of £56,000 p.a.

Business Rates from April 2020 £10,000 approx. payable (Please contact local authority to confirm)

Price

TO INCLUDE THE SUB-LEASE, GOODWILL, FIXTURES & FITTINGS £190,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 95,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote