Well Established Well Equipped Butchers, Fruit Vegetables, Frozen Seafood Plus Convenience Groceries for Sale
South London, London
Leasehold : £ 150,000
Turnover : £ 14,000 p.w.
Situated in a parade, excellent trading position, densely populated residential & commercial area, LONDON, SE
Turnover: £14,000 p.a. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers & spirits, subject to obtaining the necessary Premises & Personal Licence. (Included in the turnover we understand there is approximately £4,000 p.w. in respect of butchery). We are further advised that the gross profit is in the region of 40%.
||The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £1,000 per month, however, we understand that vacant possession can be given on completion, if required. The FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Bedrooms (1 double plus 1 small additional double)
Half tiled bathroom with bath, w.c. and wash hand basin
In addition there is a roof top area for use during the summer months
||TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£40,000/£50,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT