Clothes And Baby Shop For Sale

Business description

Attractive single fronted SALES SHOP, with new shop front. Deceptive from the outside. Comprising a total area of approx. 780 sq. ft. Ceramic tiled floor, ceiling with spotlighting, counter, glass fronted counter, display rails, 3 changing rooms.

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 current lease expiring in August 2009, at a rental of £11,000 p.a. excl. of rates. We understand from the present tenants, there is potential to surrender the existing lease and obtain a new longer lease at, initially a rental of £12,500 p.a. with rent reviews.

Uniform business rates: £4,600 p.a. approx.


PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.

MUST BE SEEN TO BE FULLY APPRECIATED.

Location:

Situated in a parade, excellent trading position, SURREY.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £3,000/£3,500 p.w., in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending September 2007 showed £168,623 with a gross profit of £66,748.

Reasons for selling:

Price To Include The Secure Lease, Goodwill, Fixtures & Fittings, £50,000 Plus Stock At Valuation (£25,000 Approx.) Substantial Loan To An Approved Applicant.

Trading hours:

Monday, Tuesday & Wednesday, 10 a.m. - 5 p.m.
Thursday, Friday & Saturday, 10 a.m. - 5.30 p.m.
No Sunday trading.

Financing available:

Substantial Loan To An Approved Applicant.