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Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence for Sale

North London, London

Leasehold : 140,000
Turnover : 15,000 p.w.

Situated in a parade, busy road with 2 schools plus college nearby, residential & commercial area, NORTH LONDON

Turnover: 15,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 300 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately 150 p.w. The business also has Oyster & we understand this provides a further revenue of approximately 250/280 p.w. The business also has an ATM machine which we understand provides a further revenue of approximately 500 per month.

Tenure: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 140,000 plus STOCK AT VALUATION (50,000/60,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
 
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301 Advert ID 40325    Sellers Ref : G6742/BSOL

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