Wednesday 16th of Apr 2014 - Members - Register - Brokers - Bookmark RightBiz
Advert Id: 73207

Self Service Convenience Store, Mainly Counter News, Confectionery, Tobacco, Full Free Off Licence For Sale

Undisclosed, London
Leasehold:
£39,500
Reference:
G6246 / RightBiz
Business Sector:
Convenience Stores, General Stores, Supermarkets
Business Details
Features : SPACIOUS DOUBLE FRONTED SALES SHOP occupying a corner position. Approximately 600 sq. ft. sales area with lino floor, fluorescent lighting. The equipment includes 1 large glass topped display deep freeze, 2 open cool display units (1 used for soft drinks, milk etc. whilst the other is used for wines and beers), Haagen Dazs glass topped ice cream deep freeze, counter, electronic cash register. CCTV system with 7 cameras plus monitor etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, excellent main road trading position, W LONDON

Opening Hours : Monday - Saturday inclusive - 8.30 a.m. - 11 p.m.
Sunday opening - 8.30 a.m. - 10 p.m.

Turnover : WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering furthe potential to increase in the right hands. Wholesale newsbill £250 p.w. Gross profit we are advised in the region of 24% approx.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £26,000 p.a. exclusive of rates up to 2014, with rent to be agreed thereafter.

Uniform Business Rates: £7,400 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Staff : The business is at present operated by the vendor with the assistance of 1 full time staff. 1 local newspaper delivery round. Delivery charge £3 p.w.
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