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

Business description

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 information

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

Other information

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.