Business for sale

Business description

Situated in a parade, main road trading position, residential area, Middlesex

We are informed the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross proft 24% approx.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£30,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features Free parking in front of parade (limited to 1 hour during the day)

Spacious DOUBLE FRONTED SALES SHOP approx. 1,600 sq. ft. sales area with ceramic tiled floor, suspended ceiling with concealed lighting. Fully equipped including EPOS scanning system with 2 tills plus back-up computer, counter, modern adjustable shelving, 3 display gondolas, 2 2-metre sliding glass topped display deep freezes, 12ft open cool display unit (for dairy produce), 1 additional 12ft open cool display unit (for wines and beers) etc.

Stockroom partly shelved, walk-in cold room
Staff cloakroom with w.c. and wash hand basin

Staff The business is at present operated by the vendor with the assistance of 2 full time plus 3 part time staff.

Opening Hours 8 a.m. - 11. 30 p.m. seven days per week

Outside Parking space for 2 cars.

Tenure We understand the premises are held on a secure renewable lease having approx. 18 years unexpired at a rental of £24,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £6,500 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION


Reference : G4760