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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

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

Undisclosed, London
Leasehold Price:
£58,000
Status
SOLD / WITHDRAWN
Advert ID
205564
Reference
G7971 / Rightbiz
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £250 p.w. We are further advised that the gross profit is in the region of 20%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £40 p.w. The business also has Oyster which we understand provides a commission of approximately £200 p.w. In addition the business has Western Union which we understand provides a further commission of approximately £600 per month. In addition the business has Paypoint which we understand provides a further commission of approximately £200 per month.The accommodation comprises:2 bedrooms (1 double, 1 single)Bathroom with bath, w.c. & wash hand basinLarge loungeKitchen with fitted unitsPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £58,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £58,000
Tenure: Leasehold
Location: Undisclosed, London
Sector: Convenience Stores, Newsagents
Financials
Annual Turnover: £338,000
Contact Agent
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Advert Reference: G7971 / Rightbiz
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