Buy a Well Fitted Self Service Convenience Store and Full Free Off Licence business for sale in North London on BusinessesForSale.com

  • Listing ID: 904067
  • (Seller ref: G5566)

Well Fitted Self Service Convenience Store and Full Free Off Licence For Sale


Location:
  • UK
  • > North London
Category:
Type:

Listed by:


Asking price:
£55,000
Sales revenue:
£286,000
Cash flow:
Available on request
Employees:
The business is at present operated by 1 of the partners plus additional partner on a part time basis, plus the assistance of 1 part time staff at weekends.

No image available

Electric shutters to -

SPACIOUS SINGLE FRONTED SALES SHOP approx. 5.5m wide x 7.5m depth. Wood effect lino floor, suspended ceiling with fluorescent lighting. Superbly fitted including counter, electronic cash register, 1 curved sliding glass topped ice cream deep freeze (owned), 1 multi-deck open cool display unit, 1 upright glass fronted double door display fridge (used for beers and wines), open cool display unit (on loan from Coca Cola and used for soft drinks, modern adjustable shelving. CCTV with 2 monitors. Fully alarmed.

Stockroom
Kitchenette
Shower room with shower, w.c. and wash hand basin

Stairs to large basement with shelving used for storage purposes


Property:
Leasehold
Lease terms:
We understand the premises are held on a secure renewable lease having 16 years unexpired from January, 2007 at a rental of £14,000 p.a. exclusive of rates up to January, 2011, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £2,800 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION
Location:
Corner position, situated in a parade, main road trading position, residential area, LONDON, N

Expansion potential:
WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are advised by the vendor the gross profit is in the region of 28%.
Reasons for selling:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£10,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Trading hours:
Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 6 p.m.
Financing available:
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

selling your business?

If you own a business and are considering selling, visit our Sell a Convenience Store section.


BusinessesForSale.com recommends
  • HOW TO BUY A GOOD BUSINESS AT A GREAT PRICE
  • 100s of strategies & techniques to help you find & buy the right business.
  • Buy a good business for a great price
  • Click here for more

  • BUSINESS WANTED
  • Reach sellers looking for a business buyer by placing a Business Wanted advert.
  • Business Wanted
  • Business Wanted

Change country Close

If you haven't been brought to the right country version of our site please select the correct one below: