- Listing ID: 829788
- (Seller ref: M2620)
Attractive Fashion Accessories Retailer For Sale
- Location:
-
- UK
- > England
- > South East
- > Hertfordshire
- > Hertfordshire
- Category:
- Type:
Listed by:
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Summary
- Asking price:
- £40,000
- Sales revenue:
- £312,000
- Cash flow:
- Available on request
- Employees:
- The business is at present operated by the owners with the assistance of casual staff at weekends.
Business description
Excellent upper Mall trading position close to John Lewis.
DOUBLE FRONTED SALES SHOP 650/700 sq. ft. sales area with wood strip floor, spotlighting. Counter, display stands etc.
Small stockroom
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease having approximately 9 years unexpired at a rental of £70,000 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter. In addition, we understand there is a service charge at the present time of approx. £2,000 p.a.
Uniform Business Rates: £25,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Excellent prime trading position, HERTFORDSHIRE.
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£30,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday - Wednesday inclusive - 9 a.m. - 6 p.m.
Thursday - 9 a.m. - 9 p.m.
Friday & Saturday - 9 a.m. - 6 p.m.
Sunday opening - 11 a.m. - 5 p.m.
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- UK
- > England
- > South East
- > Hertfordshire
- > Hertfordshire
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