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Advert Details

Modern Single Fronted Shop Front To Spacious Sales Shop For Sale

(Ref: C7363)

Greater Manchester, Greater Manchester, United Kingdom

Financials

Asking price: £85,000

Sales revenue: £5,200

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
MODERN SINGLE FRONTED SHOP FRONT to SPACICIOUS SALES SHOP approx. 475 sq. ft. sales area with lino floor. Fully equipped including 3 greeting card display stands with drawers, shelving. Post Office counter with anti-bandit screen (3 positions plus parcel hatch).

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

Employees: The business is at present operated by a husband and wife team with the assistance of casual staff when required.

Trading hours: Monday - Friday inclusive - 9 a.m. - 5.30 p.m. Saturday opening - 9 a.m. - 1 p.m. NO SUNDAY TRADING

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 £7,500 p.a. exclusive of rates for the next 5 years, with rent to be agreed thereafter. Uniform Business Rates: £2,032 p.a. approx. RECOMMENDED FOR EARLY INSPECTION

Location
Situated in a parade, busy road, residential and commercial area, LANCASHIRE

Expansion potential
WE ARE INFORMED the turnover averages £100/£150 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx. Post Office salary £53,000 p.a.

Reasons for selling
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£3,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.


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