Convenience Store for sale

Convenience off License News Agent North London Ref No 24279



Overview An opportunity to acquire a business in a prominent residential location.
The shop runs as a Newsagent and Convenience Store, in center of the residential area an excellent opportunity for business growth can add green groceries.
Potential to add new lines of business, need full-time management

Location: The business is situated next to the train station, near to three schools, a nursing home and in the area a lot of passing trade, good customer relations and with absolutely No nearby competition. Off-street parking.

Potential: The business can use outside space for fresh fruits, coffee tables. It can also start parcel services, newspaper rounds.

Premises: Shop floor of 200 Sqft (approx.), with fixture and fittings, Epos system, CCTV, electric shutter and Toilet.

Weekly T/O: £3500 P.w

Rent: £12000 P.A

Rate: Small Business Rates Relief

Tenure: Leasehold: 9 years lease remaining with rent review every 5 yrs. (Renewable lease)

Timings: Opening hours From Monday to Saturday at 07.00 A.M - 10.00 P.M. Sunday: Closed

Financials and Price: The business is marketed for £45,000 Plus stock as per valuation. it includes the goodwill, fixtures & fitting.


Convenience Stores
Property reference