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Self Service Stores, Full Free Off Licence For Sale

Undisclosed, London
Freehold:
£275,000
Leasehold:
£42,000
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THIS BUSINESS IS NOW SOLD OR WITHDRAWN FROM THE MARKET
Further Details
Status
SOLD OR WITHDRAWN FROM MARKET
ReferenceG6240 / RightBiz
Advert ID73172
LocationUndisclosed, London
SectorConvenience Stores, General Stores, Supermarkets
TenureFreehold, Leasehold
Freehold Price£275,000
Leasehold Price£42,000
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Full Details
Features : SPACIOUS SINGLE FRONTED SALES SHOP approx. 700 sq. ft. sales area with tiled floor, fluorescent lighting. Fully equipped including counter, electronic cash register, cigarette gantry (on loan), centre display gondola, 3 upright double door drinks display fridges (2 owned and 1 on loan from Lucozade), open dairy display unit, 1 upright single door drinks display fridge, ice cream deep freeze (owned), chest display deep freeze.

Stairs to large basement used for storage purposes

Staff w.c.

Location : Situated in a parade, main road trading position, densely populated residential and commercial area, LONDON, SE

Opening Hours : Monday - Saturday inclusive - 10.30 a.m. - 11 p.m.
Sunday opening - 10.30 a.m. - 10.30 p.m.

Turnover : WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase, especially with opening earlier in the morning. In addition the business sells Oyster cards and we understand this provides a commission of approx. £70 p.w.

Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £13,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £830 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £42,000 plus STOCK AT VALUATION (£12,000/£13,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION (£12,000/£13,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Outside : Yard at rear

Staff : The business is at present operated by the vendor with the assistance of 3 part time staff.
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