Convenience Store For Sale

Business description

Service road in front of parade providing 1 hour free parking (during the day).

Electric shutters to -

DOUBLE FRONTED SALES SHOP (800 sq. ft approx.) with new shop front, disabled ramp. Tiled floor, suspended ceiling with concealed lighting. Well equipped including 2 open cool display units (both on loan from Coca Cola), 8 upright glass fronted display deep freeze, 1 upright glass fronted drinks display fridge, 4 glass sliding topped chest deep freezes, ice cream deep freeze, additional chest deep freeze, modern metal adjustable shelving, slats to walls, 1 curved glass topped deep freeze, 1 ice cream deep freeze, cool display serveover counter, additional counter, electronic cash register etc.

Disabled cloakroom with w.c. and wash hand basin
Stockroom
Kitchen

Property information

Lease terms:

We understand the premises are held on a secure renewable Council lease having approximately 14 years unexpired at a rental of £16,100 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,900 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED RETAIL BUSINESS WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent main road trading position, , LONDON SW

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £1,250 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of additional specialised foods and indeed fresh foods. Gross profit 25% approx.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £34,950 Plus Stock At Valuation (£10,000 Approx). Substantial Loan To An Approved Applicant

Trading hours:

Monday - Saturday - 10 a.m. - 7 p.m. Sunday opening - 11 a.m. - 4 p.m.

Financing available:

Substantial Loan To An Approved Applicant.

Contact the seller