Business description
SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 500/600 sq. ft. sales area, carpeted, suspended ceiling with concealed lighting and well equipped including shelving, 5 single door glass fronted display fridges, counter, 1 till with EPOS scanning system, CCTV system with 2 cameras, 2 monitors plus recording.
Stockroom
Staff w.c. and wash hand basin
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,750 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Situated in a parade, busy road, residential area, LONDON, W
Business Operation
- Expansion potential:
- WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 23% approx.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday - Thursday inclusive - 10 a.m. - 10 p.m.
Friday & Saturday - 10 a.m. - 11 p.m.
Sunday opening - 11 a.m. - 10 p.m.
- Employees:
- The business is at present mainly staff operated. Staff employed 1 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Other information
- Financing available:
- Please call Nationwide Businesses who will be pleased to help you with finance