Convenience Store for sale

CONVENIENCE STORE OFF LICENSE NORTH LONDON REF NO 24974


£160,000
S.O.A.

Description

Overview: A running business on a prominent location near to the underground station and bus stop, banks and commercial areas, The Shop is situated on the main road on a high street with a lot of footfall and regular fixed clients in the area.

The Premises: The shop is well-maintained and consists of CCTV, security system, electric shutters, and freezers, the shop floor area is 2200 sqft plus storage area on the side of approx. 200 sqft (can be used for bakery preparation)and basement storage area of 550 sqft. Loading and unloading from the front of the shop with plenty of off-street car parks.

Business Potential: To increase business by adding Oyster, fresh vegetable, fruits, bakery, Coffee Machine, Parcel services, and a Cash machine.

Turnover: £15000 P.W. (Gross)

Lottery: £1200 P.W

Paypoint: £3500 P.W

Cigarettes: £3000 P.W

Rent: £36,000 P.A.

Rates: £34,000 P.A.

Financials and Price: The business is marketed for £160,000 Plus Stock as per valuation.
it includes the goodwill, fixtures & fitting. Stock as per actual.

Tenure: Renewable lease, 12 years lease remaining

Call BTC for further details and appointment for viewing: 020 8889 7474 or email us on commercial@btcint.com


Categories

Convenience Stores
Call
Property reference
CP987241_24974