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Retail premises for sale

£45,000

197 Castelnau, London SW13

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Property description

Business
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 and tobacco along with confectionary and snacks.

Additionally, Sachin Express stocks groceries, household items as well as gifts and cards.

There is PayPoint and national lottery.

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

Location
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.

Premises
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.

Tenure
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.

Hours
Opening hours
6.30am until 11.00pm Monday to Saturday
8.00am until 10pm Sunday

Staff
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.

What Zoopla users think of SW13

Overall rating:

  • currently 4.5 stars
Very good - 87% (78 ratings)

Ratings breakdown:

  • currently 5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4.5 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Ravenscourt Park (0.6 miles)
  • Hammersmith (0.7 miles)
  • Hammersmith (D & P) (0.7 miles)
  • London Heathrow Airport (9.8 miles)
  • London City Airport (12.5 miles)
  • London Gatwick Airport (23.4 miles)
  • Putney Pier (1.5 miles)
  • Wandsworth Riverside Quarter Pier (2.2 miles)
  • Kew Pier (2.3 miles)

Nearby schools

View all schools in Richmond upon Thames
  • Lowther Primary School (0.2 miles)
  • St Paul's CofE Primary School (0.5 miles)
  • Melcombe Primary School (0.6 miles)
  • William Morris Sixth Form (0.8 miles)
  • TBAP 16-19 Academic AP Academy (0.9 miles)
  • Chelsea Independent College (1.8 miles)
  • St Paul's School (0.3 miles)
  • West London Free School (0.5 miles)
  • Latymer Upper School (0.6 miles)
Note: Distances are straight line measurements

Local info for Richmond upon Thames

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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 Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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