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Convenient Store For sale in Mitcham Freehold

Mitcham, London
Status
FOR SALE
Advert ID
249278
Reference
1203 / Rightbiz
Freehold Price: £70,000

Features

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

SPACIOUS SALES SHOP in the region of 1,200 sq. ft. sales area with suspended ceiling & LED lighting. Well equipped including display gondolas, modern adjustable shelving, 1-3.75m open cool display unit (used for beers), 1-3.75m open cool display unit (used for dairy produce, juices etc), 1 additional 3.75m open cool display unit (mainly used for soft drinks), 2 large glass-topped chest display deep freezers, magazine display shelving, counter etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently in the region of £8,000 p.w. in our opinion offering futher potential to increase, use to trade with takings above £15,000 weekly. We are further advised that the gross profit is in the region of 28%. The business is agents for Hermes Parcel which is generating £75 Weekly. Also, cash point generating £65 Weekly, Huge potential for National lottery and PayPoint. 

 Staff

At present operated by the vendor with the assistance of his brother plus family help when required. 

Trading Hours

6 a.m. - 12 a.m. seven days per week

Tenure

We understand the premises are held on a secure renewable lease at a rental of £24,000 p.a. 

Uniform Business Rates: £5,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£20,000/£25,000 approx)

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Listing Details
Location: Mitcham, London
Sector: Convenience Stores
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Advert Reference: 1203 / Rightbiz

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