Summary
- Asking price:
-
£87,500
- Sales revenue:
- £260,000
- Net profit:
- Available on request
- Employees:
- The business is at present staff operated. 4 full time staff employed. Wages paid in the region of £1,000 p.w.
It will be appreciated upon inspecton that with an active husband and wife team, the wage bill could be reduced.
Business description
Free customer's car parking for approx. 100 cars
SPACIOUS SINGLE FRONTED SALES SHOP approx. 1,200 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. The equipment includes modern adjustable shelving, display stands, counter, 1 till with scanning. CCTV system with 8 cameras, 2 monitors plus recording.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Property information
- Lease terms:
- We understand the premises are held on a secure renewable lease having approximately 24 years unexpired at a rental of £18,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £2,500 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Situated in a parade of 8 shops, residential area, BUCKINGHAMSHIRE
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
- Reasons for selling:
- To Include The Secure Lease, Goodwill, Fixtures & Fittings £87,500 Plus Stock At Valuation (£35,000 Approx).
Substantial Loan To An Approved Applicant
- Trading hours:
- Monday - Saturday inclusive - 8 a.m. - 7 p.m.
NO SUNDAY TRADING
- Financing available:
- Substantial Loan To An Approved Applicant.