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Convenient Store For sale in Southall Freehold

Southall, London
Status
FOR SALE
Advert ID
243217
Reference
1090 / Rightbiz
Freehold Price: £110,000

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

FRONTED SALES SHOP probably in the region of 600 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting, 3.75m open cool display units, counter, till with scanning system, 1 large glass topped chest display deep freezer, small deep freezer.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. In addition the business are agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £125 p.w. The business also has Oyster which we understand provides a further commission of approximately £100 p.w. 

Staff

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

Trading Hours

Monday - Sunday inclusive - 8 a.m. - 10 PM

Tenure

We understand the premises are held on a secure renewable lease from a private landlord at a rental of £16,500 p.a. exclusive of rates fixed for the remainder of the term.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST MANY YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION (£25,000 approx).

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Listing Details
Location: Southall, London
Sector: Convenience Stores
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Advert Reference: 1090 / Rightbiz

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