Business for sale

Business description

Location this business is located in east london.

We are informed the turnover averages £1,100 p.w. In our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending april, 2005 showed in the region of £55,000 with a gross profit in the region of £30,000.

Price to include the new lease, goodwill, fixtures & fittings £20,000 including stock.
Substantial loan to an approved applicant

Features 2 victorian display windows to attractive sales shop with woodstrip floor, glass display stands, counter, electronic cash register etc.

Staff the business is at present operated by the owner and no staff are employed.

Opening hours monday - friday inclusive - 10 a.m. - 5 P.m.
Saturday opening - 10 a.m. - 5.30 P.m.
No sunday trading

Tenure we understand the premises are held on a yearly licence at a current rental of £4,000 p.a. Exclusive of rates. We further understand that the landlord, subject to satisfactory references is prepared to grant a new 5 years lease at £4,000 p.a. Exclusive of rates.

Uniform business rates: £500 p.a. Approx. (After small business relief)

Recommended for early inspection

Reduced for early sale


Reference : M2047