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Advert Ref: N899

Convenience Stores In London For Sale

  • London,
Asking price:
£85,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

SAME HANDS 4 YEARS
TOTALLY REFITTED
TURNOVER £7,500 PWK PLUS COMMISSIONS
CLOSE RAIL STATION

LOCATION
Occupying a coveted trading location forming part of a comprehensive parade fronting a main road junction and serving a well populated residential area. The business enjoys a high volume of passing trade and is 0.5miles from New Eltham rail station.

BUSINESS
This is a well established business which has been in the present hands for some 4 years and which is now only being marketed as a result of the vendor wanting a change. Tremendous potential exists for the introduction of an ATM and a parcel service.

TURNOVER
£7,500 PWK @ 25% G.P. Plus BUS PASSES £1,960 PWK LOTTERY SALES - £1,900 PWK

NEWSBILL
£500 PWK (No rounds)

STAFF
Run by Vendor and 2 part timers WAGES: £250 PWK

HOURS
6.00am – 8.00pm Mon - Sat
8.00am – 1.00pm Sun

PREMISES
End Parade premises with double frontage and single entrance to: Retail Area: 450 sq/ft, all round adjustable shelving, gondola display, 6m chiller cabinet, small drinks chiller, 2 ice cream freezers, greetings card displays, magazine racking, lottery terminal, counter with EPOS till, CCTV. Store Room: Sep. W.C. and W/basin. OUTSIDE - Yard: with secure Storage unit:
TENURE
5 years remaining on original 10 year lease RENT - £12,000 P.A. (5 year reviews)

EPC RATING
Band C

BUSINESS RATES
Nil Payable 18/19

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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