Counter News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free Off Licence for Sale
South London, London
Leasehold : £ 85,000
Turnover : £ 8,000 p.w.
Situated in a parade, main road trading position, densely populated residential area, SOUTH EAST LONDON
Turnover: £8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £300 p.w. Gross profit 20% approx. In addition the business is agents for Oyster which we understand provides a commission of approximately £150 p.w. The business also has an ATM machine which we understand provides a further revenue of £300 per month.
||The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £600 per month. The flat comprises:
2 Double bedrooms
Bathroom with bath, w.c. & wash hand basin
Kitchen with fitted units
||TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT