Convenience Store for sale in Acton

Acton, West London


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Excellent trading position, WEST LONDON

WE ARE INFORMED the turnover averages £13,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £240 p.w. We are further advised that the gross profit is in the region of 21%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £50 p.w. The business also has Paypoint plus ATM & we understand that this provides a further commission of approximately £35 p.w.

We understand the premises are held on an under-lease expiring in 2023 at a rental of £50,000 p.a. exclusive of rates up to December, 2019 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £22,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

6 a.m. - 10 p.m. seven days per week

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

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business information

Sale price: £35,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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