Discount Store for sale in South Tottenham

South Tottenham, 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, excellent main road trading position, NORTH LONDON

WE ARE INFORMED the turnover averages £7,500p.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 40%.

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £28,500 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £11,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 8.30 a.m. - 9.30 p.m.
Sunday opening - 10 a.m. - 7 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£60,000/£70,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £65,000
Tenure : Leasehold
Status: Available
Sectors:
Discount Stores
Off Licences
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