Profitable Self Service Convenience Store, Household Goods. | | Undisclosed London | | Situated in a parade, excellent trading position, LONDON, E | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65061
ADVERT IMPRESSIONS : 4,976 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £140000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Spacious Sales Shop, probably in the region of 3,300 sq. ft. sales area. Carpet tiled floor, suspended ceiling with fluorescent lighting, counter, 2 tills with EPOS scanning system, open cool display unit, 2 double door glass fronted display fridges (1 on loan from Pepsi Cola, the other on loan from Coca Cola), modern adjustable shelving, 3 centre display gondolas, etc.
First floor, large stockroom area with shelving. We understand that there is potential to convert the first floor area into 2 self contained 2 bedroomed flats.
Staff cloakroom with w.c. and wash hand basin.
Location : Situated in a parade, excellent trading position, LONDON, E
Opening Hours : Monday/Saturday incl. 9 a.m. - 7 p.m.
Sunday opening 10 a.m. - 5 p.m.
Turnover : WE ARE INFORMED the turnover averages £6,500 p.w., in our opinion offering tremendous for further increase in the right hands. Gross profit, we are advised, 40/45% approx.
Tenure : WE UNDERSTAND the premises are held on a secure renewable lease, the present lease having approx. 9 years unexpired, at a rental of £34,000 p.a. excl. of rates for the next 3 years, with rent review at that time and thereafter every 3 years.
Uniform business rates £14,950 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS IN THE REGION OF £140,000 PLUS STOCK AT VALUATION (£35,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Staff : The business is at present operated by the vendor on a part time basis with the assistance of 4 part time staff. | | | | | | FOR SALE | | | | | REFERENCE: | G6072 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
