Convenience Store for sale in Harringay

Harringay, 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, main road trading position, residential & office area, N LONDON

WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering further potential to increase in the right hands. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £35/40 p.w. The business also has Oyster which we understand provides a further commission of approximately £100 p.w.

We understand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

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

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£18,000/£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £45,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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