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Newsagent and Off Licence For Sale (Low overheads)

Undisclosed, London
Leasehold Price:
£39,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
141021

Details

Full Details:

Big size double FRONTED SALES SHOP with fluorescent lighting and fully refreshed deep freezer, new counter till with EPOS scanning system, back office PC, shelving etc.

Stockroom: two STOCKROOMS

Location: NEAR EDGWARE AND MILL HILL BROADWAY LONDON

Opening Hours : Monday - Saturday inclusive - six a.m. - seven p.m. Sunday opening - seven a.m. - 12 p.m.

Turnover: WE have INFORMED the turnover averages £4000 p.w. We are further advised by the vendor that the gross profit is in the region of 22%.   ALSO the agents of Oyster, lotto and Pay point and collect plus which generates extra commission average 190. 00 PW. And Extra Counter rent income 50pw.

Cheap Rent and No business rates

Genuine family reason for sale

Net profit for working couples in the region of 35k pa

LOT OFF SCOPE TO IMPROVE LIKE extra hours POUND ITEMS ETC

Tenure: We understand the premises are held on a secure renewable lease, Rent is 10,000 PA

Uniform Business Rates: Nil

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 plus STOCK AT VALUATION (in the region of £12,000/£15,000 approx).

We are also looking to give management if right and experienced people come).

 

 

Listing Details
Leasehold Price: £39,000
Tenure: Leasehold
Sector: Newsagents, Off Licences, Convenience Stores
Financials
Annual Turnover: £200,000
Annual Net Profit: Available upon request
Key Features
  • Prime Location
  • Established Business
  • Unique Business
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