Old Church Supermarket | | Chingford London | | - ADVISED GROSS WEEKLY SALES £5,500 - GROSS PROFIT MARGINS OF 25% - TOTAL TRADING SPACE CIRCA 616 SQ/FT (57 SQ M) - PROMINENT MAIN ROAD IN CHINGFORD - HIGH VOLUME OF FOOTFALL THROUGHOUT DAY AND NIGHT - POTENTIAL TO INTRODUCE FURTHER PRODUCT LINES | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69215
ADVERT IMPRESSIONS : 11,899 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Off Licences | | SALE: | Agent Sale | LEASEHOLD: | £40,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is located in a prominent position on Old Church Road (A112) in Chingford linking to Walthamstow.
DESCRIPTION
The business currently holds an alcohol and cigarette license and also offers a wide range of chilled product lines, confectionary and household items. The premises is equipped with an eight camera CCTV system, two meter wide open display chiller, 1.75 meter open display chiller, ice-cream chest, chest freezer and single upright dairy chiller.
THE BUSINESS
The business was established in 2008 and is situated on a busy parade within Chingford. The store generates a high level of income through sales of alcohol and cigarettes.
There is currently no Oyster or National Lottery, therefore installation of both could generate a higher level of sales.
Internal
HOURS
The business currently trades Monday to Sunday from 08.00 – 23.00.
STAFF
The business is operated by two full-time working owners with the assistance of staff.
INTERNAL
Trading area approx 616 Sq/Ft (57 Sq M)
Also comprised internally within the ancillary areas of the shop is a stock room and WC. Access to the back walkway can be gained via the back electric shutter.
EXTERNAL
Ancillary area approx 170 Sq/Ft (15 Sq M)
The property benefits from a front loading area and also one off street car parking space. The property is fitted with a front electric shutter and wind-up canopy.
TERMS & TENURE
A 20 year lease is available which commenced in 2008 with an annual rent passing of £14,400 with five yearly rent reviews.
We have been advised that business rates are approx £3,250
TRADING INFORMATION
Advised gross weekly sales of the business are £5,500 and are forecasted to rise as the business becomes further established.
Full trading information will be available after a formal viewing has been conducted. | | | | | | FOR SALE | | | | | REFERENCE: | BMA599 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
