Business description
Free Car Park at rear
SINGLE FRONTED SALES SHOP approximately 48.78 sq. metres. The equipment includes counter, electronic cash register, display stands.
REAR WORK AREA, walk-in coldroom
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 from a private landlord, the present lease having approximately18 months unexpired at a rental of £9,000 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: £1,401 p.a. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Situated in a small parade, just off the High Street, HERTFORDSHIRE
Business Operation
- Expansion potential:
- WE ARE INFORMED the turnover averages £1,200 p.w. in our opinion offering further potential to increase in the right hands. Gross profit we understand in the region of 47%. We are further advised that the sales last year showed £62,110 with a gross profit of £29,481.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £29,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday & Tuesday - 9 a.m. - 5 p.m.
Wednesday - 9 a.m. - 1 p.m.
Thursday - 9 a.m. - 5 p.m.
Friday - 9 a.m. - 3 p.m.
Saturday - 9 a.m. - 1 p.m.
- Employees:
- At present operated by 2 partners
Other information
- Financing available:
- Please call Nationwide Businesses who will be pleased to help you with finance