Business for Sale in England: London - Delicatessen and Convenience Store: South London - Leasehold: £131,000

Key Information

Ref
GD33267YSY
Type
Retail Businesses: Delicatessens
Location
England: London
Tenure
Leasehold
Status
For Sale
Annual Sales
£274,899 Ex Vat
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Call us on 01908 904555
  • 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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