Convenience Store News And Free Off Licence For Sale

Business description

SPACIOUS DOUBLE FRONTED SALES SHOP occupying a corner position. Approximately 600 sq. ft. sales area with lino floor, fluorescent lighting. The equipment includes 1 large glass topped display deep freeze, 2 open cool display units (1 used for soft drinks, milk etc. whilst the other is used for wines and beers), Haagen Dazs glass topped ice cream deep freeze, counter, electronic cash register. CCTV system with 7 cameras plus monitor etc.

Stockroom
Staff cloakroom with 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 10 years unexpired at a rental of £26,000 p.a. exclusive of rates up to 2014, with rent to be agreed thereafter.

Uniform Business Rates: £7,400 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Location:

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

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering furthe potential to increase in the right hands. Wholesale newsbill £250 p.w. Gross profit we are advised in the region of 24% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION (£30,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 8.30 a.m. - 11 p.m.
Sunday opening - 8.30 a.m. - 10 p.m.

Employees:

The business is at present operated by the vendor with the assistance of 1 full time staff. 1 local newspaper delivery round. Delivery charge £3 p.w.

Other information

Financing available:

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