Asking price: £39,000

Sales revenue: £52,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
SPACIOUS SHOP with counter, fluorescent lighting, glass display counter, 10 computers, each with chairs.

Staff cloakroom with w.c. and wash hand basin

Basement used for storage purposes

Employees: Staff employed 1 full time and 1 part time staff.

Trading hours: 11 a.m. - 11 p.m. seven days per week

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 £15,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. Uniform Business Rates: £2,800 p.a. approx. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Location
Situated in a parade, busy road, densely populated residential and commercial area, SOUTH LONDON

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.

Reasons for selling
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 plus STOCK AT VALUATION (£10,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.