Asking price: £59,500

Sales revenue: £88,400

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Double fronted MEDIUM SIZED SALES SHOP with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, shelving, display stands, 5 greeting card display stands with drawers, wrapping paper section, peg boarding etc.

Staff cloakroom with w.c. and wash hand basin.

Employees: The business is at present operated by a lady vendor with the assistance of her husband

Trading hours: Monday - Saturday inclusive - 9 a.m. - 5.30 p.m. NO SUNDAY TRADING

Property: Leasehold

Lease terms
We understand the premises are held on a secure renewable lease having approx. 3½ years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 6 months, with rent to be agreed thereafter. We further understand that the landlord will consider a surrender of the existing lease and the granting of a longer lease at terms and rent to be agreed. Uniform Business Rates: £2,000 p.a. approx. + water rates RECOMMENDED FOR EARLY INSPECTION

Location
Situated in a parade, excellent main road trading position, sought after residential area, SURREY.

Expansion potential
WE ARE INFORMED the turnover averages £1,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx.

Reasons for selling
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£30,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.