Attractive Off Licence And CTN In SW London For Sale

Business description

ATTRACTIVE SALES SHOP occupying a corner position, approximately 4.74m wide by a depth of approximately 8.65m. Ground floor area in the region of 41 sq. metres. Amtico type flooring, suspended ceiling, lighting. Air conditioning. 5 double door glass fronted drinks display fridges (2 used for beers whilst 2 used for wines and the other used for champagne), in addition there is a single door glass fronted drinks display fridge (used for soft drinks), counter. CCTV system

Stairs to basement, ideal for storage purposes with goods lift from ground floor

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 for a period of 15 years from July, 2010 at a current rental of £26,000 p.a. plus VAT, exclusive of rates up to July, 2015, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £6,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Location:

Occupying a corner position, end of parade, busy road, residential and commercal area, SW LONDON,

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £7,000/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 20% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (optional) LOAN POSSIBLE TO AN APPROVED APPLICANT

Trading hours:

Monday - Thursday inclusive 12 noon - 9 p.m.
Friday & Saturday - 11 a.m. - 9 p.m.
Sunday opening - 12 noon - 8 p.m.

Employees:

At present operated under management. Staff employed 1 full time manager plus 3 part time staff. 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