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Reference C8470

Newsagent and Off Licence for sale in Lewisham

Newsagent and Off Licence for sale in Lewisham
Buy a Newsagent and Off Licence in Lewisham Sell a Newsagent and Off Licence in Lewisham

Location

Situated in a Parade, excellent High Street trading position, residential, office and commercial area, close to Station and Hospital, SE LONDON

Features

News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence

• PRICE (LEASEHOLD) £85,000
• TURNOVER £8,500 p.w.

• GROSS PROFIT 20%
• COMMISSIONS £100 per month

SINGLE FRONTED PREMISES 487.ft² (45.24M²) WITH SHUTTERS, Air conditioning with hot air, sales counter, vinyl floor, 4 x open cool display unit, CCTV system (10 cameras, 2 monitor & harddisk recorder).

• Stock room. 151.7ft² (14.09M²)
• Kitchen
• Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a Gross profit of 20% approx.. Wholesale newsbill £730 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £50 p.w. The business also has Oyster which we understand provides a further commission of approximately £300 p.w. The business also has an ATM machine.

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to Flat with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,800 per month

• 3 Bedrooms (3 double, 1 Single).
• Kitchen.
• Lounge.
• Bathroom with bath, w.c. and wash hand basin.

Price

£85,000 plus STOCK AT VALUATION (£25,000 APPROX.)
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

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