Convenience Store With Off Licence For Sale

Business description

Single fronted with electric shutters, medium sized premises, Gas Fired Central Heating, laminated strip floor, suspended ceiling with fluorescent lighting.

Fully equipped including: sales counter, electronic cash register, modern adjustable shelving, 4 open cool display fridges, 1 frozen food freezer, 1 ice cream freezer, 2 upright double-door drinks fridges, revolving card display stands, etc.

Staff kitchen area, etc.

Bathroom with bath, w.c. and wash hand basin.

* CCTV system including 8 cameras, 1 monitor and hard drive recorder.
* Stockroom at rear.
* Staff cloakroom with w.c. and wash hand basin.

Property information

Lease terms:

We understand the premises are held on a secure renewable lease, having approx. 19 years unexpired at a rental of £10,400 p.a. exclusive of rates next rent review in 3 years then every 4 years

Uniform Business Rates: £955 p.a. approx.

Location:

Situated in a Parade, main road trading position, residential area, LONDON, N

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £6,500 p.w. Wholesale newsbill £800 p.w. Gross profit 25 % approx.
* PayZone sales provides an additional income of £40 p.w. approx.
* Western Union money transfers provides an additional income of £70p.w. approx.
* We are further advised the vendor has 36 Mail Boxes each earnng £110 p.a.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £49,000 Plus Stock At Valuation (£20,000 Approx.) Substantial Loan To An Approved Applicant.

Trading hours:

7 Day week (Monday - Sunday) 8 am - 9 pm

Financing available:

Substantial Loan To An Approved Applicant.

Contact the seller