Convenience Store for sale in Streatham

Streatham, 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 trading position, densely populated residential & commercial area, SW LONDON

WE ARE INFORMED the turnover currently averages £10,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 24%.

We understand the premises are held on a secure renewable lease for a period of 16 years from September, 2014 at a rental of £18,000 p.a. exclusive of rates up to September, 2018, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £3,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Saturday inclusive - 8 a.m. - 11 p.m.
Sunday opening - 9 a.m. - 10.30 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £89,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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