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Reference G8483

Supermarket in South London For Sale

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

Turnover 8,000
Price 85,000

Features

Self Service Convenience Store, Full Free off Licence, On Line National Lottery

SPACIOUS SALES SHOP in the region of 850 sq. ft. sales area with tiled floor, suspended ceiling, fluorescent lighting. The equipment includes counter, 1 till with EPOS scanning system, modern adjustable shelving, 1 glass topped chest deep freezer, 4-3.75m open cool display units. CCTV system with 12 cameras, monitor plus recording etc

Small stockroom
Staff w.c. & wash hand basin
Kitchenette

Turnover

WE ARE INFORMED the turnover currently averages 8,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 20%.

Staff

At present operated by a husband & wife with the assistance of 2 part time staff.

Trading Hours

7 a.m. - 11 p.m. seven days per week

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units

Outside

Small yard

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a current rental of 13,500 p.a. exclusive of rates. We understand due for rent review, however no request for an increase has at present been received from the landlords.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS 85,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 42,500 (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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