Asking price: £30,000

Sales revenue: £239,200

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, 2 double door glass fronted drinks display fridges (owned), 1 single door glass fronted drinks display fridge (owned), shelving etc.

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

Employees: The business is at present operated by the owners with the assistance of 1 part time staff.

Trading hours: Monday - Saturday inclusive - 11 a.m. - 10 p.m. Sunday opening - 12 noon - 10 p.m.

Property: Leasehold

Lease terms
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £16,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. Uniform Business Rates: £3,950 p.a. approx. RECOMMENDED FOR EARLY INSPECTION

Location
Excellent main road trading position, densely populated residential area, MIDDLESEX

Expansion potential
WE ARE INFORMED the turnover averages £4,600/£4,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 22% approx.

Reasons for selling
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION (£18,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.