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Old Established Convenience Store & Off-Licence For Sale

North London, London, UK
Asking Price:
£120,000
Turnover:
£364,000
Net Profit:
Undisclosed

DOUBLE FRONTED RETAIL PREMISES in the region of 950 ft² WITH ELECTRIC SHUTTERS & CANOPY, vinyl floor, suspended ceiling with LED PANEL lights, sales counter, EPOS till, cigarette gantry, modern adjustable shelving, 2 x open cool display unit (3.5 metres), open cool display unit (2.5 metres), walls Ice Cream Freezer, CCTV system (6 cameras, 1 monitor) .

Store room.

Staff Toilet with w.c. and wash hand basin.

LOCATION: Situated in a small parade, excellent main road trading position, residential, office and commercial area, NORTH LONDON

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 25% approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
PAY POINT PULS £650 per month approx.

NATIONAL LOTTERY £25 per week approx.

STAFFING: The business is at present operated by the vendor with 1 full time & 1 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£30,000 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