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Old Established Convenience Store With Off-Licence For Sale

South London, London, UK
Asking Price:
£140,000
Turnover:
£390,000
Net Profit:
Undisclosed

6 DAYS OPENING

DOUBLE FRONTED RETAIL SHOP in the region of 880 ft² WITH ELECTRIC SHUTTERS AND DOUBLE DOORS, laminated strip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till + PayPoint Till, cigarette drawer, open cool display unit (3.6 metres), open cool display unit (4.8 metres), glassed topped deep freeze (8ft), modern adjustable shelving, walls Ice Cream Freezer, CCTV system (11 cameras, 1 monitor).

Stock room.

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

Kitchen

LOCATION: Situated in a parade, close to two large secondary schools and a local football ground, busy road, close to train station, SE London

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £7,000 - £8,000 p.w. with a Gross profit of 30% approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
NATIONAL LOTTERY £50 - £60 per week approx.

PAY ZONE £10 per week approx.

OYSTER £15 per week approx.

STAFFING: The business is at present operated by the vendor with the assistance of 2 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION (£20,000 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