Convenience Store for sale

NEWSAGENT GENERAL STORE NORTH LONDON REF NO 24290


£120,000
S.O.A.

Description


Location: The shop is located on a prominent location near to bus stop, schools, Church, pedestrian location on the parade with a lot of footfall and regular fixed client in the area. Near to the high street and underground train station under Zone 1.

The Premises: A well-established shop on the main parade with a huge returns margin. The shop runs the business as News Agents, General store is situated in the central location and no business competition, with a floor area of 550 sqft plus storage area at rare of approx. 140 sqft, loading, and unloading from the rear.

T/O: Sale from shop £9000 P.W.,
Payzone: £2500 p.w
Oyster:£2500 p.w

Additional Rental income: Amazon commission: £120 p.m
Cash machine: £35 p.m
Garage rent: £180 p.m
Parcel Service: £50 p.m
£50 bags Bnb
£20 key nest

Business Potential: To increase business by adding Lottery, off license, fresh vegetable, fruits, bakery.

Rent: £26000P.A.
Rate: £5000 P.A.


Financials and Price: The business is marketed for £120,000 it includes the goodwill, fixtures & fitting.
Plus stock as per valuation.

Tenure: Lease remaining for 10 years, Rent review every 5 years, a renewable lease under the Land Lord and Tenant Act.

BTC to be retained call us for further details and appointment for viewing: 020 8889 7474



Categories

Convenience Stores
Call
Property reference
CP987241_24290