Uniform Clothing Shop For Sale

Business description

Attractive single fronted medium sized Sales Shop, fully carpeted, fluorescent lighting, display rails, 3 revolving display rails, glass display counter etc.

Store cupboard at rear of shop.

Staff cloakroom with w.c. and wash hand basin

Property information

Lease terms:

We understand the entire premises are held on a secure renewable lease for a period of 5 years from the 24th August, 2004 at a rental of £11,000 p.a. exclusive of rates, fixed. We further understand that the landlord, subject to satisfactory references is prepared to grant a new longer lease at rent and terms to be agreed.

Uniform Business Rates: £900 p.a. approx. (after small business relief) + water rates

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 21 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The accommodation in the form of a SELF CONTAINED FLAT over, is at present partly let on a shorthold tenancy and provides a rental income of £230 p.w. The accommodation comprises: 2 Bedrooms (1 double, 1 large single) Shower room with shower, w.c. an

Location:

Main road trading position just off the A30, Surrey.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £2,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st October, 2006 showed £137,220 plus rental income from the accommodation of £12,270 providing a gross profit of £59,531 plus rental income of £12,220 providing a total gross profit of £71,351.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £40,000 Plus Stock At Valuation (£30,000 Approx. Could Be Reduced). Substantial Loan To An Approved Applicant

Trading hours:

Monday - Friday inclusive - 9.30 a.m. - 5.30 p.m. Saturday opening - 9 a.m. - 5 p.m. NO SUNDAY TRADING The business is also closed on all Bank Holidays

Financing available:

Substantial Loan To An Approved Applicant.

Contact the seller