Convenience Store for sale in Thamesmead

Thamesmead, 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, excellent trading position, SOUTH EAST LONDON

WE ARE INFORMED the turnover averages £8,500/£9,000 p.w. in our opinion offering further potential to increase in the right hands. In addition the business has Paypoint & we understand this provides a commission of approximate £75 p.w. The business has recently introduced the sale of scratch cards.

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: £2,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 10 a.m. - 11 p.m.
Sunday opening - 12 noon - 11 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION (£15,000/£18,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £79,500
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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