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NEWSAGENT/OFF LICENSE/SOUTH WEST LONDON/REF: 24960
Location: Well-established business for the past 30 years in southwest London.
An opportunity to acquire this excellent shop with the potentials to grow the business.
The Shop is situated on the main road in a parade, near to the Underground station, and residential areas, with parking on off-street and regular fixed clients in the area.
Overview: The shop runs the business as News Agents and General store having a prominent position with lots of passing trade, the shop has basement for the storage.
The business has the potential to add vegetable, fruits increasing the business, add coffee machine, Bakery products, pay point, paper rounds, parcel services which would increase the shop turn over and business margins.
A well-maintained shop with CCTV cameras and Security system.
The shop size is 500 sq.ft as the shop floor approx.
The business can have extended hours and needs full-time management to make maximum business profits.
Turnover: £5,000 To £5,500 P.W.
Oyster: £600 p.w.
Lottery: £700 p.w.
Cigarettes: £1300-£1500 p.w
Rent: £14,000 P.A.
Rates: Small Business Rates Relief.
Timings: Monday to Saturday from 06.00 A.M to 7.00 P.M,
Sunday from 6.00 A.M to 3.00 P.M
Financials and Price: The business is marketed for £40,000 Plus Stock as per valuation.
it includes the goodwill, fixtures & fitting.
Tenure: New lease for 15 years and rent review every 4 years under the Land Lord Tenants Act.
Call BTC for further details and appointment for viewing: --- ---- ---- or email us on [email protected]
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