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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), Wall's 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 20% approx.

We also understand that in addition to the turnover the business also enjoys a commission of:
PayPoint 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