Convenience Store for sale in Barnes

Barnes, South London


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, excellent main road trading position, sought after residential area, LONDON, SW

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 £650 p.w. Gross profit 25% approx. In addition the business has Oyster and we understand this provides a further reveue of approximately £50/60 p.w. In addition the business has Paypoint and we understand this provides a further revenue of approximately £70/£80 per month. We understand that on line national lottery plus scratch cards has recently been introduced and at the present time this is providing a commission of approximately £50 p.w.

We understand the premises are held on a secure renewable lease, the present lease having approximately 4 years unexpired at a rental of £28,500 p.a.

Uniform Business Rates: £9,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Monday - Thursday inclusive - 7 a.m. - 12 midnight
Friday & Saturday - 7 a.m. - 2 a.m.
Sunday opening - 7 a.m. - 11 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURS & FITTINGS £88,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £88,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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