Butchers Frozen Foods Indian Groceries Plus Indian Spices For Sale

Business description

IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP with double door probably in the region of 1,500 sq. ft. sales area all newly fitted approximately 18 months ago. Quality non-slip floor with concealed lighting, 2 air conditioning units, modern adjustable shelving, 10 large glass sliding topped chest deep freezes, centre checkout counter with scanning and touch screen till, large open display deep freeze, large butchery section with 3.75m curved cool display serveover counter, electronic scales/scanner, Henkelman Falcon 52 vacuum packing unit, double sink and drainer, mincer, large ban saw plus additional ban saw, 2 large butchers blocks, walk-in coldroom, walk-in deep freeze. CCTV sytem with 8 cameras, 1 monitor plus recording.

STAIRS TO FIRST FLOOR providing staff kitchen, staffroom/storeroom, staff w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 23 years unexpired at a rental of £32,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates in the region of £6,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

Location:

Situated in a parade, excellent main road trading position, densely populated residential and commercial area, LONDON, S

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremedous potential for further development in the right hands. (Included in the turnover is a number of deliveries). We are further advised the gross profit is in the region of 30%.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£5,000/£10,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

10 a.m. - 8 p.m. seven days per week

Employees:

At present operated by the owner with the assistance of 3 full time staff.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance