Card Shop for sale in Victoria

Victoria, South London


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Excellent trading position, shopping arcade, close to Railway Station S LONDON

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 30%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of between £150/£170 p.w. The business also has Oyster & with the additional income from E-Pay, phone cards & photocopying this we understand provides a further income of £150/£170 p.w.

We understand the premises are held on a lease from London Transport, the present lease having approximately 3 years unexpired at a rental of £29,000 p.a. exclusive of rates. (We understand from the present tenant that the landlord, subject to satisfactory references, will grant a new 6 years lease at terms and rent to be agreed).

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Friday inclusive - 8 a.m. - 9 p.m.
Saturday & Sunday opening - 9 a.m. - 9 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£30,000/£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £95,000
Tenure : Leasehold
Status: Available
Sectors:
Shopping Centre Units
Card Shops
Confectioners
Gift Shops
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