Convenience Store for sale

Nisa, 107-109 Moyser Road, London, England, SW16 6SJ

Offers in Excess of £175,000

Property Description

Commercial information

  • Business for sale

Key features

  • Weekly sales of c. 15,000
  • c. 120,000 refurbishment
  • c.1,500 sq ft sales area
  • Two flats included within the rent
  • Great scope to increase trade
  • Energy Rating C

Full description

Tenure: Leasehold

Description

This is a wonderful opportunity to take over a business that has recently received huge investment and therefore requires zero refurbishment cost from the perspective buyer. This high turnover convenience store comes with a proven sales back ground.

This business could be staff operated or an excellent opportunity to be family run in order to maximise the sales and potential net profit.

The flats above the shop are rented out, leaving the shop with a very competitive rent for the London area.

Location

This business is located on Moyser Road which is situated east of Tooting Broadway Underground station, and just south of Streatham Park. The business is within an affluent residential area, with the Furzedown recreation area only 0.3 miles away.

Internal Details

The shop has a retail area of c. 1,500 sq ft, with additional storage space to the rear and in the basement.

The shop consists of:
• Twelve display fridges
• Four display freezers
• One Wall's branded freezer
• One large drinks chiller
• One large vegetable chiller
• One cash machine
• One Espresso Essential coffee machine
• Nisa tills and tobacco kiosk

Fixtures & Fittings

We have been advised that the majority of fittings and fixtures are owned outright and involved in the sale. The vendor does pay £350 per month to Nisa for the till systems and Nisa support. The potential buyer would have the option to buy these tills outright.

Letting Accommodation

The are two flats above the shop. Both are two bedroom flats.
The first has an income of £13,200 per annum.
The second has an income of £17,400 per annum.
This leaves a rent of £19,600 per annum for the shop.

Staff

The business has three full time members of staff. Four part time members and an owner who visits once a week.

Trading Information

This business has advised weekly sales of £15,000.
It benefits from commissions from lottery and paypoint.

Trading Hours

Monday to Saturday 8.00am - 11.00pm
Sunday 8.00am - 10.00pm

Business Rates

The business rates payable are c. £8,000.


Nearest stations

  • Tooting (0.6 mi)
  • Streatham Common (0.7 mi)
  • Streatham (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Tooting (0.6 mi)
  • Streatham Common (0.7 mi)
  • Streatham (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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