Grocers in London For Sale

Business description

GROCERS (ORGANIC) – WILLESDEN GREEN, LONDON, NW10.

LOCATION: Occupies a prominent corner position and serves a pleasant residential area which is well populated and provides solid, regular custom. The shop is on a busy “cut through” road with good passing trade.

DESCRIPTION: End-of-terrace premises is arranged on ground floor and basement levels and there is a fenced private forecourt outside. Internally the 560 sq ft ground floor comprises an attractively laid out front sales section with doorway through to staff area with small store and office. A door at the rear leads out to a concrete yard with outside toilet and stairway opposite the office descends to a 155 sq ft basement stock room.

EQUIPMENT: The premises is fully fitted and equipped for present use.

BUSINESS: We are informed turnover is in the region of £220,000 per annum and rising. Present owner has obtained “Alcohol Licence” but has not yet used it so there is great scope for new owner to increase takings considerably.

HOURS: Mon-Fri 9.00 am to 7.00 pm; Sat 9.00 am to 6.00 pm; Sun 10.00 am to 4.00 pm.

ACCOMM: There is no residential accommodation.

TENURE: Lease commenced in October 2007 for a term of 7 years and the current rent is £10,000 per annum.

RATES: Business rates payable are approx £1,626 per annum.

STOCK: Approx £10,000.

Property information

Property:

Leasehold

Lease terms:

Lease commenced in October 2007 for a term of 7 years and the current rent is £10,000 per annum.

Location:

Occupies a prominent corner position and serves a pleasant residential area which is well populated and provides solid, regular custom. The shop is on a busy “cut through” road with good passing trade.

Other information

Expansion potential:

Present owner has obtained “Alcohol Licence” but has not yet used it so there is great scope for new owner to increase takings considerably.

Reasons for selling:

Retirement

Trading hours:

Mon-Fri 9.00 am to 7.00 pm; Sat 9.00 am to 6.00 pm; Sun 10.00 am to 4.00 pm.

Inventory / Stock value:

£10,000

Contact the seller