Property Information
Address:
England: London
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Shop, Newsagents, Businesses For Sale,
Property Ref/Movehut: MH590278
Property Ref/Agent: 6301
*Please use the agent ref when calling the agent directly.
Property description
Convenience store and delicatessen
Situated on a very busy through road and high street
Takings currently average around £6,000 per week
Shop also has online lottery and Oyster sales
Rent only £16,000 per annum
Business rates nil
EM&F are delighted to offer this delicatessen, convenience store and off licence business situated in an excellent position on a busy main road in South London.
Due to the specialist nature of the products the business enjoys a gross profit margin of 50% and hence with the low level of costs it is extremely profitable. There is no competition for these specialist products in London and so the business levels and profits should continue.
The business operates from modern premises that are fully fitted for the trade and there is no need for a new owner to spend money. Rent is a very reasonable £16,000 per annum and no Business Rates are payable.
PRICE: The sellers are seeking a serious buyer and are inviting offers in theregion of £131,000 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation.
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