Old Established Middlesex Health Food Shop For Sale

Business description

Forecourt with Sun Blind

SINGLE FRONTED SALES SHOP approx. 600/700 sq. ft. sales area with tiled floor, ceiling with inset lighting. Well equipped including shelving, counter, display gondolas, upright glass fronted display deep freeze, upright glass fronted display fridge etc.

Office
Staff cloakroom
Small kitchen area

We understand that planning permission has been granted to extend the shop at rear. (The present planning permission expiring in February, 2010). In the event of the extension being undertaken, the sales area would increase to approximately 1,300 sq. ft. and in our opinion with the extension, there is potential to develop into treatment rooms.

Property information

Property:

Leasehold

Lease terms:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £5,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent main road trading position, sought after residential area, MIDDLESEX

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £2,500/£2,700 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION (£20,000/£25,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.