Asking price: £13,500

Sales revenue: £52,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Forecourt with parking for 2 cars for customers

SPACIOUS DOUBLE FRONTED PREMISES. Picture gallery with laminated strip floor, ceiling with spotlighting on tracks, electronic cash register.

Rear workshop, fully equipped for picture framing including new underpinner with compressor, tilt and angle saw, Morse guillotine, Edemco 2226 dry mounting press, Keen Cut Ultimat 48" mount cutter, guillotine plus hand tools etc.

Employees: The business is at present operated by the vendor and no staff are employed.

Trading hours: Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m. NO SUNDAY TRADING The business is also closed on all bank holidays

Property: Leasehold

Lease terms
We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years. Uniform Business Rates: £4,200 p.a. approx. + water rates PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED REDUCED FOR EARLY SALE

Location
Situated in a parade, sought after residential area, 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 66% approx.

Reasons for selling
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £13,500 plus STOCK AT VALUATION £10,000 SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.