Business for sale

Business description

We are informed the turnover averages £3,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 47.5% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.


Features Spacious double fronted Sales Shop approx. 2,000 sq. ft. sales area with fluorescent lighting. The equipment includes counter, electronic cash register, shelving, display stands etc.

First Floor
4 stockrooms
Staff cloakroom with w.c. and wash hand basin
Kitchen
Office


Staff The business is at present operated by the vendor with the assistance of 2 part time staff.


Opening Hours Monday - Saturday inclusive - 9 a.m. - 5 p.m.
NO SUNDAY TRADING (in our opinion there is potential for Sunday opening if desired)


Accommodation The accommodation, comprises:

2 bedrooms
Bathroom with bath, w.c. and wash hand basin
Large lounge
Kitchen


Tenure We understand the premises are held on a secure renewable lease having approx. 3 years unexpired at a rental of £13,500 p.a. exclusive of rates.

Uniform Business Rates: £5,000 p.a. approx. + water (metered)

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND IS NOW OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT.

RECOMMENDED FOR EARLY INSPECTION


Reference : G4464