Business for sale

Business description

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

We are informed the turnover averages £1,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit in the region of 58%.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£14,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features Service road in front of parade providing customer's car parking.

Attractive double fronted SALES SHOP (could be extended at rear if desired), laminated strip floor, fluorescent lighting. The equipment includes glass fronted counter, electronic cash register, 5 greeting card display stands with drawers, additional display stands, slats to walls, shelving etc.

Stockroom
Kitchen area
Staff cloakroom with w.c. and wash hand basin

Staff The business is at present operated by a lady vendor with the assistance of her husband on a part time basis

Opening Hours Monday - Saturday inclusive - 9.30 a.m. - 7 p.m.
Sunday opening - 11 a.m. - 4 p.m.

Tenure We understand the premises are held on a secure renewable lease having approx. 8¾ years unexpired at a rental of £10,000 p.a. exclusive of rates up to September, 2007, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £2,700 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : M2235