Convenience Store for sale in Sydenham

Sydenham, 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, busy road, residential area SOUTH EAST LONDON

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We understand the business is agents for the sale of on line scratch cards. We understand from the present tenant that he is hopeful that an on line national lottery terminal will shortly be installed.

We understand the premises are held on a secure renewable lease for a period of 15 years at a rental of £8,000 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

7 a.m. - 11 p.m. seven days per week

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £30,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Fruit & Veg shops
General Stores
Off Licences
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