Off Licence for sale in Croydon

Croydon, Surrey


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Sought after corner position, serving residential area, Surrey

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400 p.w.
It will be appreciated upon inspection that there is potential to introduce newspaper deliveries, if desired. Gross profit in the region of 23%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of £120/£130 p.w. The business also has Oyster which we understand provides a further commission of approximately £200 p.w.

We understand the premises are held on a secure renewable lease, the present lease having 6 years unexpired from August, 2015 at a current rental of £13,200 p.a. exclusive of rates up to August, 2018 with rent to be agreed thereafter.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Monday - 6.30 a.m. - 7 p.m.
Tuesday & Wednesday - 6.30 a.m. - 7.30 p.m.
Thursday - 6.30 a.m. - 7 p.m.
Friday & Saturday - 6.30 a.m. - 7.30 p.m.
Sunday opening - 7 a.m. - 3 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£15,000/£16,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £55,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Newsagents
Off Licences
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