Asking price: £79,993

Sales revenue: £390,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
LOCATION: Central London based, this business is in a small parade of shops in heavy footfall area in very central location within immediate proximity to Warren Street tube and Tottenham Court Road. Surrounded by many by hotels, residential, commercial and public properties.

DESCRIPTION: The front of the premises is a modern double glass frontage with security shutters and canopy. Internally the trading area is approx 375 sq ft, there is vinyl flooring and a suspended ceiling with stripped lighting. Towards the rear are stairways which lead to a basement storage area, toilet and kitchenette.

EQUIPMENT: The shop is fully fitted and equipped for trade and a full inventory will be available to a purchaser. Equipment includes; Various shelving, card rack, 2 double display drink fridges and ice cream freezer.

BUSINESS: The business has been established for a number of years and benefits from strong regular custom in addition to walking trade. Takings are £7,500 per week plus £800 per week from top ups and £900 per week for bus passes. There is good potential to introduce Paypoint, lottery, ATM machine, Western Union, pies, etc. The business is run by one partner.

HOURS: Mon – Fri 7:00 AM to 9:00 PM, Sat - 7:00 AM to 2:30 PM, Sun – 7:00 AM to 7:00 PM

ACCOMM: There is no residential accommodation.

TENURE: The current lease is presently under renewal with an indicated rent of around £17,000 per annum.

RATES: Business rates payable are approx £6,000

Years established: 2003

Employees: The business is run by one partner.

Trading hours: HOURS: Mon – Fri 7:00 AM to 9:00 PM, Sat - 7:00 AM to 2:30 PM, Sun – 7:00 AM to 7:00 PM

Property: Leasehold

Lease terms
TENURE: The current lease is presently under renewal with an indicated rent of around £17,000 per annum.

Living accomodation
There is no residential accommodation.

Location
LOCATION: Central London based, this business is in a small parade of shops in heavy footfall area in very central location within immediate proximity to Warren Street tube and Tottenham Court Road. Surrounded by many by hotels, residential, commercial and public properties.

Expansion potential
BUSINESS: The business has been established for a number of years and benefits from strong regular custom in addition to walking trade. Takings are £7,500 per week plus £800 per week from top ups and £900 per week for bus passes. There is good potential to introduce Paypoint, lottery, ATM machine, Western Union, pies, etc. The business is run by one partner.

Support & training
Full handover support and training included in asking price.

Related documents

		Compulsory Registration Form to Return Please

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