| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 3,868 TIME(S)
BUSINESS REFERENCE : G5242 / RightBiz WELL FITTED SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE | | | | | | Forecourt to - SPACIOUS SALES SHOP approx. 1,200 sq. ft. sales area, newly fitted approx. 2½ years ago with ceramic tiled floor, suspended ceiling with concealed llighting. Modern adjustable shelving, display gondolas, 3 glass topped chest display deep freezes (including 1 on loan), 1-2.5m cool display unit, 1-1½m cool display unit, upright double door display fridge, additional cool display unit for beers etc. Rear room having potential as an additional retail sales area or indeed for development as an Internet Café, if desired. Staff cloakroom with w.c. and wash hand basin Basement | | | BUSINESS LOCATION: | Undisclosed London UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £79950 | | | | | | | | | | | BUSINESS DETAILS: | Location Excellent main road trading position, densely populated residential and commercial area, LONDONOpening Hours 7 a.m. - 11pm seven days per weekTurnover WE ARE INFORMED the turnover averages 9,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 28% approx.Tenure We understand the shop premises, including the yard at rear, are held on a secure renewable lease having approximately 17½ years unexpired at a rental of 40,000 p.a. exclusive of rates for the next 2½ years, with rent review at that time and thereafter every 5 years. As will be appreciated with the 500 p.w. rental income from the Car Wash i.e. 26,000 p.a. the net rental payable at the present time is only 14,000 p.a. exclusive of rates.
Uniform Business Rates: 3,200 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 79,950 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Included in the lease is a large rear yard we understand in the region of 2,800 sq. ft. used as a Car Wash. The owner of the shop has let this on a monthly agreement and receives a rental of 500 per week.Staff The business is at present operated by the vendor on a part time basis with the assistance of 4 full time staff. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | G5242 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
