Detached Well Fitted Self Service Convenience Store, Butchery, Fruit & Greens, Full Free Off Licence For Sale

Business description

At present selling English, Turkish, Greek & Polish Foods. No cigarettes are sold at present.

Forecourt with canopy ideal for display purposes

SPACIOUS DOUBLE FRONTED SALES SHOP plus side window. New shop front. Approx. 1,100 sq. ft. sales area with ceramic tiled floor, new suspended ceiling, fluorescent lighting. Well equipped including counter, 2 electronic cash registers, electronic scales, modern adjustable shelving, centre display gondolas, 2 large glass topped chest display deep freezes, 1 open cool display unit (for soft drinks), 2 approx. 2.75m open cool display units, display counter, 1 curved cool display counter (for butchery), ban saw, mincer, butchers block, walk-in coldroom, chest deep freeze etc.

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 having approximately 23 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £6,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Excellent main road trading position, densely populated residential and commercial area, LONDON, SE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 35/40% approx. (Included in the turnover is approx. £800 p.w. in respect of butchery).

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£20,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

8 a.m. - 9 p.m. seven days per week

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.