Advert Ref: M2817
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Asking price: £29,500
Sales revenue: £52,000
Business description: SINGLE FRONTED SALES SHOP approx. 395 sq. ft. sales area with wood strip floor, carpeted in front area. 12 greeting card stands with drawers, counter, electronic cash register, display shelving etc.KitchenOffice2 Store CupboardsStaff w.c.Basement (not utilized at present)
Employees: The business is at present staff operated. 2 part time staff employed.
Trading hours: Monday - Saturday inclusive - 10 a.m. - 5 p.m. NO SUNDAY TRADING
Property : Leasehold
Lease terms: We understand the premises are held on a secure renewable Under-Lease, the present lease having approximately 1 year unexpired at a rental of £10,000 p.a. exclusive of rates. Uniform Business Rates: £3,500 p.a. approx. RECOMMENDED FOR EARLY INSPECTION
Location: Situated in a parade, excellent trading position, KENT
Expansion potential: WE ARE INFORMED the turnover averages £1,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.
Reasons for selling: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION (£15,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Financing available? SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.