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Reference G8718

Well Fitted Supermarket in South London For Sale

Well Fitted Supermarket in South London For Sale

Register to see map and to make an appointment Situated in a Parade, excellent main road trading position, residential, office and commercial area, SE LONDON

Turnover £ 26,500
Price £250,000

Features

Well Fitted Supermarket (bakery, Convenience Store & Fruit & Veg)

Large Council car park to the rear

DOUBLE FRONTED PREMISES in the region of 2,500 ft² WITH ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with LED lights, sales counter, 2 EPOS tills, cigarette gantry, modern adjustable shelving, 20m open cool display unit, 8m open cool display unit, glass topped chest deep freezers, quad doors glass fronted freezer, Walls ice cream freeze., CCTV system (38 cameras, 3 monitors), etc.

Bakery section, oven, dough mixer, prover, 4 trollies

Small Stock room

Open plan kitchen

2 Walkin coldrooms (Veg & Meat)

Staff toilet with w.c. and wash hand basin.

Office

Turnover

WE ARE INFORMED by the owner the turnover currently averages £26,500 p.w. with a gross profit of 23% approx.

Staff

The business is at present operated by the vendor with the assistance of 7 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 7am - 12 midnight

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £45,000 p.a.

Business Rates from April 2021 £5,600 approx. payable (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION (£100,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (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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