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Newly Fitted Self Service Convenience Store With Off Licence/national Lottery/oyster/pay Point/cards/stationary

Richmond London
Profitable business with scope to increase sales through building stock levels, excellent trading position on busy parade with street parking. Re-fitted just 2 months ago with brand new shelving and woodwork. Lease to let or rent Newly Fitted Self Service Convenience Store With Off Licence/national Lottery/oyster/pay Point/cards/stationary is located in London.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 51125
ADVERT IMPRESSIONS : 7,872 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Private Sale

LEASEHOLD:

£160000
 

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BUSINESS DETAILS:

LOCATED IN TWICKENHAM MIDDLESEX. IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 900 sq. Ft. Currently trading as a Premier Express Store. Newly fitted approx. 2 months ago. Tiled floor, fluorescent lighting. Counter, 2 tills (1 with EPOS scanning), modern adjustable shelving, 3 open cool display units (1 used for wines, 1 used for beers, 1 for milk, dairy produce and soft drinks. Large garage at back of the shop used for stockholding. Smaller stockroom Staff cloakroom with w. C. And wash hand basin. Premisies is fitted with CCTV, Alarm and Electronic Shutters. Situated in a busy parade, excellent main road trading position, Opening Hours : 5. 30 a. M. - 8 p. M. Seven days per week
Turnover averages £9, 000/£10, 000 p. W. @ 25% GP. Sales have been growing since trading as Premier (2 months ago). Withing these sales the Newsbill averages £2500 p. W with large news account through TNT suppling papers to Austrailia work approx £800 p. W. In addittion Lottery averages £2200 p. W, Oyster averages £3200, Paypoint averages £5000 p. W. The commission generated from these sales more the covers the annual rent. There is tremendous potential for further increase in the right hands. The premises are held on a secure renewable lease, the present lease having approximately 22 years unexpired at a rental of £27, 000 p. A. Rent includes 2 bed flat above shop which can generate approx £7000 p. A. Uniform Business Rates: £5, 000 p. A. Approx. Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £160, 000 plus STOCK AT VALUATION (£25, 000 approx). The business is at present operated by 3 family members.
   
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REFERENCE:

51125 / RightBiz
   
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