Asking price: £29,500

Sales revenue: £130,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Forecourt with Sun Blind

SINGLE FRONTED SALES SHOP approx. 600/700 sq. ft. sales area with tiled floor, ceiling with inset lighting. Well equipped including shelving, counter, display gondolas, upright glass fronted display deep freeze, upright glass fronted display fridge etc.

Office
Staff cloakroom
Small kitchen area

We understand that planning permission has been granted to extend the shop at rear. (The present planning permission expiring in February, 2010). In the event of the extension being undertaken, the sales area would increase to approximately 1,300 sq. ft. and in our opinion with the extension, there is potential to develop into treatment rooms.

Employees: The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 3 part time staff employed.

Trading hours: Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m. NO SUNDAY TRADING It will be appreciated upon inspection that there is potential for additional opening hours.

Property: Leasehold

Lease terms
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. Uniform Business Rates: £5,500 p.a. approx. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED

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

Expansion potential
WE ARE INFORMED the turnover averages £2,500/£2,700 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION (£20,000/£25,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.