Convenience Store for sale in Stockwell

Stockwell, 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, main road trading position, densely populated residential & commercial area, SW LONDON

WE ARE INFORMED the turnover averages £12,000 p.w. in our opinion offering further potential to increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease expiring in 2021 at a rental of £25,000 p.a. exclusive of rates up to February, 2016 with rent to be agreed thereafter.

Uniform Business Rates: £6,480 p.a.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 3 YEARS AND THERE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Sunday - Thursday inclusive - 6 a.m. - 12 midnight
Friday & Saturday - 6 a.m. - 1 a.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £115,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Off Licences
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