Retail property (high street) for sale

High Street, Select N Save, Munster Road, London, SW6 6BU

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Summary

Sale: £12,000Rent : £14,000Rates: £12,000Commission: £12,000Timing: 10AM TILL 10PMStaff: Fully Staff ManagedLocation: South East London

Description

Features
Well Equipped Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus On Line National LotteryFREE PUBLIC CAR PARK NEAR THE PARADE (Limited to a maximum of 2 hours during daytime)SPACIOUS SALES SHOP probably in the region of 1,300 sq. ft. sales area. Non-slip floor, 2 additional open cool display units (used for wines & beers)
StockroomSmall kitchen Staff cloakrom, w.c. & wash hand basin
Turnover
WE ARE INFORMED the turnover averages £12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £450 p.w. We are further advised that the gross profit is in the region of 25%.
Staff
At present operated by Full time staff with the assistance of 1 part time staff.
Trading Hours
10 a.m. - 11 p.m. seven days per week
Tenure
We understand the premises are held on a secure renewable lease, the present lease having approxima 12 years unexpired at a rental of £14,000 p.a. plus VAT exclusive of rates for the n years with rent review at that time and thereafter every 5 years.Uniform Business Rates: £12,000 p.a. approx.PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£30,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Disclaimer

Property advert Ref 3998097 - Is a property advert for marketing purposes only, the information has been supplied by the owner, estate agent or property portal and The House Shop makes no warranty as to the accuracy or completeness of the information. Furthermore we have no control over the adverts content. This property advertisement does not constitute property particulars. Please contact the advertiser to obtain any information regarding The Energy Performance Certificate regarding homes in England and Wales or Home Report for residential property in Scotland.

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