Off Licence plus Fruit and Greens Shop in North London For Sale

Situated in a parade, excellent main road trading position, sought after locality NORTH LONDON

Turnover £ 4,500
Price £50,000

Features

organic Grocery Shop with off Licence Plus Fresh Fruit & Vegetables

DOUBLE FRONTED PREMISES, in the region of 1,200 ft², WITH BYFOLD DOORS - CCTV (10 cameras), Laminate flooring, suspended ceiling with LED lighting.

Sales counter, touch screen cash register, Coffee machine (2 goup), grinder, 1 chiller, 2 fridges, 2 freezers, display racking, scales, adjustable shelving, etc,

Walkin coldroom.

Store room.

Staff cloakroom with toilet and sink.

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 45% approx.

Staff

The business is at present operated by the vendor with family assistance as required.

Trading Hours

7 Day week
MONDAY - SATURDAY 8 am - 8 pm
SUNDAY 8 am - 7 pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2011 with reviews every 3 years (next review 2026) at a current rent of £37,200 p.a.

Business Rates from April 2024 £4,800 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE AUG 2022

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote