Convenience Store and Coffee Shop with seating in South London For Sale

End of terrace property, busy road, residential area, SW LONDON

Turnover £ 8,500
Price £95,000

Features

Bulgarian Convenience Store and Coffee Shop

Outside seating for 12 people.

DOUBLE FRONTED PREMISES, in the region of 625 ft², CCTV (2 cameras), Tiled floor, suspended ceiling with led light panels.

Sales counter, EPOS cash register, double door upright freezer, single door freezer, chest freezer, 2 x double door fridges, single door fride, 1.6m display chiller, coffee machine (rented), adjustable shelving, etc.

Walkin freezer.

Walkin fridge.

Store room.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a Gross profit of 30% approx.

Staff

The business is at present operated by the staff with 2 full time staff and 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 10 am - 8 pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2024 with reviews every 4 years (next review 2028) at a current rent of £14,400 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014 AND IS OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote