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Counter News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free Off Licence for Sale

South London, London

Leasehold : 40,000
Freehold : 120,000
Turnover : 3,000 p.w.

Situated in a parade, main road trading position, densely populated residential area, LONDON (South East)

WE ARE INFOMRED the turnover averages 3,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 500 p.w. Gross profit 20% approx.

Tenure: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION (10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

The vendor owns the freehold and is prepared to sell the property on a long leasehold for a period of 999 years at a Peppercorn Ground Rent.

ASKING PRICE FOR THE LONG LEASEHOLD SHOP PROPERTY, GOODWILL, FIXTURES & FITTINGS 120,000 plus STOCK AT VALUATION (10,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

THE VENDOR IS PREPARED TO CONSIDER INCLUDING THE STUDIO FLAT AND THE GARDEN FOR A PRICE (to include the business, fixtures and fittings) of 230,000 sav stc
 
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261 Advert ID 35887    Sellers Ref : C7944/BSOL

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