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Newsagent and Off Licence in South London For Sale

Newsagent and Off Licence in South London For Sale
Newsagent and Off Licence in South London For Sale Buy a Newsagent and Off Licence in South London For Sale Sell a Newsagent and Off Licence in South London For Sale Newsagent and Off Licence in South London For Sale for Sale Newsagent and Off Licence in South London For Sale for Sale Newsagent and Off Licence in South London For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, densely populated residential and commercial area, SE LONDON

Turnover 4,500
Price 35,000

Features

Well Fitted Confectionery, Tobacco, Convenience Groceries, Full Free off Licence

Metal shutters to DOUBLE FRONTED SALES SHOP, approx. 400 sq. ft. sales area, with quality tiled floor, fluorescent lighting and well equipped including counter, 1 electronic cash register, ice cream deep freeze, 2.75m open cool display unit, small slimline glass fronted fridge (from Coca Cola), etc.

Stockroom.
Staff w.c.

Turnover

WE ARE INFORMED the turnover currently averages 4.500 p.w., in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 24%. The business also has Paypoint which, we understand, provides a commission of approx. 120 per month plus parcel delivery services which, we understand, provides a further commission of 120 per month.

Staff

At present operated by the vendor, with the assistance of 1 part time staff.

Trading Hours

Monday/Saturday incl. 9 a.m. - 12 midnight.
Sunday opening 2 p.m. - 12 midnight.
(It will be appreciated upon inspection that there is potential for the shop to be opened earlier than 9 a.m. each day)

Tenure

WE UNDERSTAND the premises are held on a secure renewable lease from a private landlord, the present lease having approx. 2 years unexpired, at a rental of 8,500 p.a. excl. of rates, fixed for the remainder of the term.

Uniform business rates: Nil payable after small business relief.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.

Price

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, 35,000 plus stock at valuation.

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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