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Reference C8754

Newsagent and Off Licence for sale in South London

Newsagent and Off Licence for sale in South London
Newsagent and Off Licence for sale in South London Buy a Newsagent and Off Licence in South London Sell a Newsagent and Off Licence in South London

Location

Situated in a parade, busy road, residential & commercial area, SE LONDON

Features

Well Established Counter News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence, On Line National Lottery

SINGLE FRONTED SALES SHOP approximately 4m wide x 12m depth with tiled floor. We understand the shop was refitted approximately 5 years ago. Counter with marble top, electronic cash register, 1 double door glass fronted display fridge (on loan from Coca Cola), 1-3.75m Arneg open cool display unit, modern shelving, 5 cameras, 1 monitor plus recording.

Cellar with stockroom with shelving

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 150 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 80 p.w. The business is sells bus passes & we understand this provides a further commisison of approximately 300 p.w.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTING 59,500 plus STOCK AT VAUATION (10,000/15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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