Convenience Store For sale in Leasehold

Middlesex, London

Status

FOR SALE

Date Submitted:

30/11/18

Advert ID

234932

Reference

539 / Rightbiz
Leasehold: £60,000

Features

 

Profitable Semi-detached convenience , Confectionery, Tobacco. DOUBLE FRONTED SALES SHOP in the region of 750 sq. ft. sales area, Fully tiled. The equipment includes counter, till, 1 revolving card stand, ice cream deep freezer, 1-1.8m open cool display unit (used for soft drinks, sandwiches etc)

 

Stockroom

 

Staff w.c. (not utilized at present)

 

Turnover

 

WE ARE INFORMED the turnover currently averages £5,500,£6,000 p.w. in our opinion offering further potential to increase in the right hands & in our opinion there is potential to introduce the sale of wines, beers & spirits if desired, subject obviously to obtaining the necessary Premises & Personal License. We are further advised that the gross profit is in the region of 24%. Currently business is NOT a member of national lottery, pay point, cash point and parcel service.

 

Staff

 

The business is at present operated by 2 full time staff. Trading Hours Monday - Friday inclusive - 8a.m. -10p.m.

 

Accommodation

 

The accommodation comprises: First floor 2 Double Bedrooms Bathroom with bath, w.c. & wash hand basin Living room Kitchenette with some fitted units

 

Outside

 

Small yard and potential to generate money from side wall as been offered a sum for advertisement purpose. Also PLANNING APPROVED for 2,000 FLATS AND 5,000 HOUSES.

 

Tenure

 

We understand the premises are held on a secure renewable lease from a private landlord, the present lease expiring in 15 years at a rental of £22,000 p.a. exclusive of rates. Whereas there is a rental income of flat upstairs of £1,250 per month. Leaving the rent of only £7,000 per annum Uniform

 

Business Rates: Nil payable at present after small business relief PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£20,000 approx.).

Contact Agent
Advert Reference:
539 / Rightbiz
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