Business for sale

Business description

Location Situated in a parade, excellent trading position, close to main post office, Lincolnshire

We are informed the turnover averages £1,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 60% approx.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£10,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features SINGLE FRONTED MEDIUM SIZED SALES SHOP with wood strip floor, suspended ceiling, spot and inset lighting. Air Conditioned. 18 greeting card display stands in addition there are 6 revolving card display stands (2 on loan), 2 glass display cabinets for silver jewellery, 4 wooden gift display stands. In addition there is a wooden display unit in the window. Attractive shelving.

Stockroom
Kitchenette
Staff cloakroom with w.c. and wash hand basin
Staff The business is at present operated by a husband and wife team and no staff are employed.

Opening Hours Monday - Saturday inclusive - 9 a.m. - 5 p.m.
NO SUNDAY TRADING

Tenure We understand the premises are held on a renewable lease from a private landlord, the present lease having approximately 1 year unexpired at a rental of £6,430 p.a. exclusive of rates. We understand that the lease is renewable for a further 6 years at terms and rent to be agreed.

Uniform Business Rates: £2,015 p.a. approx. (small business relief available at 50%).

RECOMMENDED FOR EARLY INSPECTION


Reference : C7050