Business for sale

Business description

Situated in a parade, excellent main road trading position, Middlesex

We are informed the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 55% approx. In addition, the business has a Paypoint which we understand provides a commission of £70/£80 p.w. plus photocoping and fax providing a further income of approx. £40 p.w. Also in addition the business has Moneygram which we understand provides a further commission of £40/£50 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £189,950 plus STOCK AT VALUATION (£20,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features IMPRESSIVE DOUBLE FRONTED SALES SHOP with electric shutters, approx. 1,300ft sales area with carpet tiled floor, suspended ceiling with concealed lighting. Slats to walls, 22 greeting card display stands with drawers, 4 revolving card stands, counter, 2 electronic cash registers, upright double door drinks display fridge (owned), hot drinks machine, ice cream deep freeze (owned), photocopier (on loan). CCTV system with 4 cameras, 1 monitor plus 1 recording.

Stockroom
Kitchenette
Staff 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 - 8 a.m. - 6 p.m.
Sunday opening - 11 a.m. - 4 p.m.

Outside Yard at rear with parking space for 2 cars

Tenure We understand the premises are held on a 15 years lease from July, 2001 at a rental of £16,500 p.a. exclusive of rates up to July, 2009, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £4,125 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : C7089