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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.

Tenure: 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
 
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107 Advert ID 42395    Sellers Ref : C8337/BSOL

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