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Virtually Freehold Grocery, Souvenir And Gift Shop For Sale

Central London, London, UK
Freehold Price:
£1,000,000
Leasehold Price:
£1,000,000
Turnover:
£299,000
Net Profit:
Undisclosed

SINGLE FRONTED, AIR CONDITIONED, PREMISES, in the region of 525 ft², WITH ELECTRIC SHUTTERS, CCTV (16 cameras), Tiled flooring, suspended ceiling and LED light panels.

Sales counter, touch screen cash register, 3m display chiller, slat wall with adjustable shelving.

Stairs to BASEMENT, in the region of 650 ft² used for storage.

Staff cloakroom with toilet and wash hand basin.

LOCATION: Situated in a Parade, excellent main road trading position, residential, office and commercial area, SW London

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £5,500 p.w. - £6,000 p.w. with a Gross profit of 50% approx.

STAFFING: The business is at present operated by 2 full-time staff.

PRICE: OFFERS INVITED FOR THE VALUABLE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS IN EXCESS OF £1,000,000 plus STOCK AT VALUATION

SUBSTANTIAL MORTGAGE 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:

Available as freehold and leasehold

Other Information

Leasehold asking price:
£1,000,000