Self Sevice Convenience Store Full Free Off Licence For Sale

Business description

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 800 sq. ft. sales area, part lino floor, part carpet tiled, fluorescent lighting. Counter, electronic cash register, modern adjustable shelving, 2 glass topped deep freezes, ice cream deep freeze (on loan), 1 open cool display unit, 3 double door glass fronted display fridges plus 1 single door glass fronted display fridge.

Stockroom
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 16 years unexpired at a rental of £17,000 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,600 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, excellent main road trading position, residential and commercial area, LONDON, E

Business Operation

Expansion potential:

WE ARE ADVISED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 19% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION (£10,000/£15,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

9 a.m. - 12 midnight seven days per week

Employees:

At present mainly staff operated. 1 full time plus 2 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Other information

Financing available:

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