Counter News, Confectionery, Tobacco, Convenience Groceries, Full Free Off Licence Plus Adjoining Greeting Card Shop for Sale
North London, London
Leasehold : £ 135,000
Turnover : £ 12,200 p.w.
Situated in a parade, excellent main road trading position, not far from Underground Station, N LONDON.
Shop No. 1. Turnover: £10,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 24% approx. In addition the business is agents for the sale of on line national lottery tickets & scractch cards & we understand this provides a commission of approximately £270 p.w. The business also has Paypoint plus an ATM machine which we understand provides a further revenue of approximately £170 p.w. The business also has Oyster which we understand provides a further commission of approximately £100 p.w.
Adjoining shop. WE ARE INFORMED the turnover is in the region of £1,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
||OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £135,000 plus STOCK AT VALUATION (£35,000 approx. including approximately £15,000 in respect of the greeting card shop).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT