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Spacious well Fitted Convenience Store & Post Office in North London For Sale

Spacious well Fitted Convenience Store & Post Office in North London For Sale
Spacious well Fitted Convenience Store & Post Office in North London For Sale Buy a Spacious well Fitted Convenience Store & Post Office in North London For Sale Sell a Spacious well Fitted Convenience Store & Post Office in North London For Sale Spacious well Fitted Convenience Store & Post Office in North London For Sale for Sale Spacious well Fitted Convenience Store & Post Office in North London For Sale for Sale

Register to see map and to make an appointment Situated in a parade, residential area, NORTH LONDON

Turnover 8,500
Post Office 36,000
Price 90,000

Features

Spacious well Fitted Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Post office Local

Electric shutters to SPACIOUS SALES SHOP in the region of 950 sq. ft. sales area with non-slip floor, suspended ceiling with LED concealed lighting. 2 air conditioning/heating units. Well equipped including modern adjustable shelving, 4 display gondolas, 2 large glass topped chest display deep freezers, 1-2.5m open cool display unit (used for milk, dairy & sandwiches), 5m open cool display unit (used for soft drinks & water), 1-3.5m open cool display unit (used for wines & beers), 3-tier ice cream deep freezer, 2 greeting card display stands, counter, 1 till with scanning system. Post Office combination counter (1 position). 12 cameras, 2 monitors plus recording etc.

Stockroom with shelving
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 250 p.w. We are further advised that the gross profit is in the region of 23%. Post Office income 36,000 p.a.

Staff

The business is at present operated by a husband & wife team with the assistance of 1 full time & 2 part time staff.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 10.30 p.m.
Sunday opening - 8 a.m. - 10 p.m.

Outside

Shared parking & rear access for deliveries

Tenure

We understand the premises are held on a secure renewable lease having approximately 10 years unexpired at a current rental of 23,000 p.a. exclusive of rates. We understand there is a rent revision due in April, 2021. We are further advised that the rent reviews are every 4 years.

Uniform Business Rates2020/2021 : NIL

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 45,000 (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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