Convenience Store for sale in Edmonton

Edmonton, North 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, nusy road, residential area, close to The Broadway, LONDON, N

WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 25% approx. The sale of bus passes have recently been introduced aswell as Paypoint providing a further income of approx. £200 per week.

We understand the premises are held on a new 15 years lease from August, 2011 at a rental of £17,500 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £6,985 p.a.

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Monday - Thursday inclusive - 7 a.m. - 11 p.m.
Friday & Saturday - 7 a.m. - 12 midnight
Sunday opening - 8 a.m. - 11 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£15,000/£20,000 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
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