Asking price: £12,500

Sales revenue: £52,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Service road in front of parade providing customers' parking

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 600 sq. ft. sales area, carpeted. Newly fitted approx. 5 years ago. Suspended ceiling, fluorescent lighting. 11 greeting card display stands with drawers under plus additional display stands, 2 centre display gondolas, slats walls, counter, electronic cash register etc.

Rear stockroom approx. 350 sq. ft.
Staff cloakroom with w.c. and wash hand basin

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

Trading hours: Monday - Friday inclusive - 10 a.m. - 6 p.m. Saturday opening - 10 a.m. - 5 p.m. NO SUNDAY TRADING

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 £10,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. Uniform Business Rates: £1,000 p.a. approx. RECOMMENDED FOR EARLY INSPECTION

Location
Situated in a parade of 5 shops, residential area, SURREY.

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 in excess of 50%.

Reasons for selling
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £12,500 plus STOCK AT VALUATION (£10,000/£15,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.