Asian Fashion Shop In South West London For Sale

Business description

SINGLE FRONTED SALES SHOP approximately 14' wide x 36' depth with laminated strip floor, suspended ceiling with concealed lighting. Display railing. Counter, electronic cash register.

Fitting cubicle

Small kitchen area
Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 1 year, increasing at that time to £18,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, excellent trading position, busy road, LONDON, SW

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £1,600 p.w. in our opinion offering tremendous potental for further increase in the right hands. Gross profit we understand in excess of 50%.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£15,000 approx. optional) SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

11 a.m. - 7 p.m. seven days per week

Employees:

At present mainly staff operated by 2 full time family members

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance