Well Fitted Convenience Store And Off Licence In North London For Sale

Description

Double-fronted premises measuring approximately 1,285 sq ft, featuring double doors, electric shutters, and a canopy. The interior includes tiled flooring, a suspended ceiling with LED lighting, a sales counter, EPOS till, cigarette drawer, and modern adjustable shelving. Equipment comprises two glass-fronted upright four-door drinks display fridges, a 2.5-metre open chilled display unit, an ice cream freezer, ice freezer, three Coca-Cola fridges, and a wine fridge. Additional facilities include a staff toilet with WC and wash hand basin, a kitchen, a stock room, and a basement of approximately 415 sq ft used for further storage. Location: situated within a parade in an excellent main road trading position, serving a densely populated residential and commercial area of North London. Turnover: we are informed by the owner that current takings average £8,500 per week, with an approximate gross profit margin of 22%. It is also understood that, in addition to turnover, the business receives commission income from PayPoint of approximately £12.50 per week, Royal Mail parcel services recently introduced, and Oyster commission of around £50 per week. Staffing: the business is presently operated by the vendor with two full-time and three part-time members of staff. Price: to include the secure renewable lease, goodwill, fixtures and fittings at £99,500, plus stock at valuation, estimated at approximately £45,000. Substantial loan available to an approved applicant.