Convenience Stores Business for sale in south west london BALHAM London

London Properties are pleased to offer to the market this very popular convenice storeoff licence set in a fantastic location close to Balham Underground Station just after Travel Lodge in Balham High Street

Location : London - South West London -BALHAM

Category : Convenience Stores

Asking Price : £ 50,000

  • Sales revenue : £ 286,000
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : TBC
  • London Properties are pleased to offer to the mark, Located in BALHAM London
  • London Properties are pleased to offer to the mark, Located in BALHAM London
  • London Properties are pleased to offer to the mark, Located in BALHAM London
  • London Properties are pleased to offer to the mark, Located in BALHAM London
  • London Properties are pleased to offer to the mark, Located in BALHAM London
  • London Properties are pleased to offer to the mark, Located in BALHAM London
  • London Properties are pleased to offer to the mark, Located in BALHAM London
  • London Properties are pleased to offer to the mark, Located in BALHAM London
  • London Properties are pleased to offer to the mark, Located in BALHAM London
  • London Properties are pleased to offer to the mark, Located in BALHAM London

Business description

DESCRIPTION:

The business has been in the same hands for the past 7 years & is now offered for sale due to semi-retirement also there is no restriction on shop opening hours. Basement office is registered as a cab office with 1 store room, 2 rooms and 1 reception. The cab office has its own entrance from the high street.

USES:

A1/A2

PREMIUM:

£50,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL:

£28,000 Per annum

TERMS:

New 15-20 years full repairing & insuring lease with rent reviews every 3 years

BUSNIESS RATES:

To be confirmed

SIZE:

Approximately **** **** sq ft just the shop not included the basement

OPENING HOURS:

Sunday - Thursday 9:00 a.m to midnight & Friday & Saturday 9:00 a.m to 2:00 a.m

STAFF:

Husband & Wife team with 1 staff

TURNOVER:

Current turnover in excess of £234,000 per annum approximately & £52,000 Oyster per annum approximately

ACCOUNTS:

Available on request

LEGAL COST :

To be confirmed

ENERGY PERFORMANCE CERTIFICATE:

Energy Performance Asset Rating is 58- C Rating. A copy of this property’s energy performance certificate is available on request.

SERVICE CHARGE:

Service charge for the building £1,200 per annum

REFERENCE CHARGE:

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT:

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS:

Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE:

London Properties for themselves for Lessors, Vendors and their agents, give notice that:- 

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 

2. These details do not constitute any part of an offer or contract. 

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties. 

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS:

Through London Properties by appointment only.

MAILING LIST:

We at the London Properties Sales Team hope to be in regular contact with you to assist in your search for a suitable property. To keep our records up to date we request that you keep us informed as to the progress of your search so as to avoid any unnecessary inconvenience. Thank you for your assistance in this matter.

DETAILS BY E-MAIL:

We can send full colour sales particulars by e-mail. If you would like to receive details via this medium, please either telephone us with your e-mail address or send an e-mail to the sales team at:****@****.com.au

FREE VALUATIONS &

MARKETING ADVICE:

We at London Properties would like to assist you with the sale of your property? Just contact the sales team and we will be pleased to offer you a free valuation and market appraisal, a service that we provide with obligation. Competitive fees are available for both sole and multiple agency instructions. Please contact the sales team on:

**** ****

MORTGAGES: We can offer help and advice in arranging your mortgage.

Written quotations are available on request. Please contact this office.

REMEMBER: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP WITH

REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED ON IT.

Other Information

  • Years established: 2011
  • Employees: OWNER PLUS 2 STAFF
  • Trading Hours: Sunday - Thursday 9:00 a.m to midnight Friday & Saturday 9:00 a.m to 2:00 a.m
  • Lease Terms:New 15-20 years full repairing & insuring lease with rent reviews every 3 years
  • Company Details : London Properties
  • Phone : Click here for phone number
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