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Costcutter Store For Sale

North London, London, UK
Asking Price:
£250,000
Turnover:
£312,000
Net Profit:
Undisclosed

24 hr premises licence (not utilised)

Established 1986

DOUBLE FRONTED PREMISES, in the region of 2,150 ft², WITH ELECTRIC SHUTTERS, cctv (16 CAMERAS), Laminate flooring, plasterboard ceiling with LED lighting.

EPOS cash register, double door freezer, chest freezer, 8m open display chiller, 6 m chiller, double door fridge, adjustable shelving.

Staff cloakroom with toilet and wash hand basin

Large stock room.

LOCATION: Situated in a parade, excellent trading position, NW LONDON

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. (due to road being closed until End of August 2026, was £20,000 per week prior to road closure) with a Gross profit of 45% approx.

Lots of potential to add alcohol, vegetables fruit and Halal meat

STAFFING: The business is at present operated by the vendor's relative and with 1 full time staff employed.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION (£40,000 APPROX.)

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold