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Reference C8755

Newsagent with Off Licence for sale in South London

Newsagent with Off Licence for sale in South London
Newsagent with Off Licence for sale in South London Buy a Newsagent with Off Licence in South London Sell a Newsagent with Off Licence in South London Newsagent with Off Licence in South London for Sale Newsagent with Off Licence in South London for Sale Newsagent with Off Licence in South London for Sale Newsagent with Off Licence in South London for Sale Newsagent with Off Licence in South London for Sale

Location

Situated in a terrace, sought after residential area, SW LONDON

Features

Counter News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence National Lottery and Oyster

ATTRACTIVE DOUBLE FRONTED SALES SHOP probably in the region of 300 sq. ft. sales area with tiled floor, fluorescent lighting. Air conditioning unit. Electric shutters, Alarm.The equipment includes modern adjustable shelving, ice cream deep freezer in addition there is a Ben & Jerry deep freezer (on loan), open cool display unit (used for soft drinks, beers & milk), cigarette gantry, counter, etc.

Stockroom

Turnover

WE ARE INFORMED the turnover currently averages 3,500 p.w. in our opinion offering tremendous potential for further development in the right hands. We understand the present vendor does not exploit the sale of wines, beers & spirits & in our opinion there is terrific potential in this direction, especially with additional opening hours. Wholesale news bill 500 p.w. Gross profit 22% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 60 per month. The business also has Oyster & we understand this provides a further commission of 100 per month.

Accommodation

The SPACIOUS SELF CONTAINED accommodation all in very GOOD CONDITION, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING we understand has the landlords permission to sublet on a shorthold tenancy. We further understand from the vendor that the rent from the accommodation could be in the region of 2,000 per month. The accommodation comprises:

Ground Floor
Dining room with quality laminated strip floor
Kitchen with fitted units, American Fridge / Freezer, 6-burner cooker, washing machine & tumble dryer

First Floor
Large lounge with quality laminated strip floor
3 Double Bedrooms (1 newly carpeted the other 2 with quality laminated strip flooring)
Bathroom with bath, shower over bath, w.c. & wash hand basin

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 40,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

**PLEASE NOTE THE PURCHASER IS TO BE RESPONSIBLE FOR THE LANDLORDS SOLICITORS COSTS**

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