Retail premises for sale in The Spinney, Castelnau, London SW13

Retail premises for sale
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Property description

Hilton Smythe are pleased to offer for sale the lease of Sachin Express newsagents.

The current owner has a number of stores and wants to concentrate on spending more time with his family, hence the reason it is coming onto the market.

The business is an off licence and general convenience store. It stocks:

• Wines
• Beers
• Spirits
• Tobacco
• Snacks
• Confectionery
• Groceries
• Household items
• Gifts
• Cards
• Pay Point and national lottery

We believe the store could benefit from generating a social media audience to further introduce new customers.

Sachin Express is located within a parade of shops near Hammersmith in south west London.

It is situated on a main road with Charing Cross Hospital nearby and close to the River Thames and the Wetland Centre.

Brentford, Richmond and Wimbledon are all within easy access as is Central London.

A bus stop sits just outside the shop offering several routes and easy access to other areas.

Shop fronted premises. Entering the store there is a service counter to the left with tobacco and spirits behind and confectionary to the front.

Mostly stocked to the sides with soft drinks, alcoholic beverages and general confectionary and snacks along with household items. There is a small selection of fresh fruit and vegetables and bakery goods.

To the rear of the store is a stock and store room and a separate staff WC.

Assets to be included within the sale is all of the refrigeration units (2 large open freestanding and two smaller freestanding) All store racking, till and countertop.

Stock to be agreed separately at point of sale.

The business has a 25 year lease with 13 years remaining.

We are advised that the rent payable is £18000 per annum and business rates payable are £8000 per annum.

Opening hours:

Monday - Saturday: 6.30 am until 11.00 pm
Sunday: 8.00 am until 10.00 pm

The business currently runs with two members of staff.

Financial Profile
We are advised that the business is currently turning over approximately £250,000 per annum with a gross profit of around £40,000.

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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