- Listing ID: 833604
- (Seller ref: M2804)
Modern London Photo Shop Plus Frames & Gifts For Sale
- Location:
-
- UK
- > England
- > South East
- > London
- > Undisclosed
- Category:
- Type:
Listed by:
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Summary
- Asking price:
- £34,950
- Sales revenue:
- £85,800
- Cash flow:
- Available on request
- Employees:
- The business is at present operated by a husband and wife team and no staff are employed.
Business description
Double fronted sales shop approx. 400 sq. ft. sales area with natural stone floor, fluorescent and spotlighting. The equipment includes slats to walls, Frontier 340 digital lab photo machine, electronic cash register etc.
Storage 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 having approx. 10½ years unexpired at a rental of £25,000 p.a. exclusive of rates up to March, 2010, with rent reviews thereafter.
Uniform Business Rates: £6,000 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Situated in a parade, large office area, LONDON
Other information
- Expansion potential:
- WE ARE INFORMED the turnover is in the region of £85,000/£90,000 p.a. In our opinion offering further potential to increase in the right hands. Gross profit 60% approx.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £34,950 plus STOCK AT VALUATION (£10,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday - Friday inclusive - 8 a.m. - 6.30 p.m.
NO SATURDAY OR SUNDAY TRADING
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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- > England
- > South East
- > London
- > Undisclosed
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