Business for sale

Business description

WEe are informed the turnover currently averages £3,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 30/35% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: At present specialising in Afro, Carribbean and Asian Foods, in our opinion the business has tremendous potential for further increase in the right hands.

SINGLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, we understand newly fitted approx. 4 years ago. Modern adjustable shelving, display gondolas, 3 glass topped display deep freezes, upright double door drinks display fridge, counter, electronic cash register etc.

Large stockroom
Walk-in deep freeze
Staff w.c. and wash hand basin


Staff: We understand the business is at present operated by a lady vendor with the assistance of family help.


Opening Hours Monday - Saturday inclusive - 9 a.m. - 7 p.m.
Sunday opening - 10.30 a.m. - 4.30 p.m.


Outside Service area at rear of parade


Tenure We understand the premises are held on a secure renewable Council lease, the present lease having approximately 4 years unexpired at a rental of £8,000 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: £2,600 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION


Reference : G5174