Asking price: £180,000

Sales revenue: £312,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
SPACIOUS SINGLE FRONTED SALES SHOP approx. 3,000 sq. ft. sales area with tiled floor. The equipment includes shelving, display stands, centre display gondolas, counter, electronic cash register etc.

Stairs to

SPACIOUS FIRST FLOOR approx. 3,000 sq. ft. area comprising 5 rooms used for stock purposes
Kitchen
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlmen's cloakroom with w.c. and wash hand basin

Employees: The business is at present operated by the vendor with the assistance of 3 full time staff.

Trading hours: Monday - Saturday inclusive - 9 a.m. - 6 p.m. NO SUNDAY TRADING

Property: Leasehold

Lease terms
We understand the premises are held on a secure renewable lease having approximately 10 years unexpired at a rental of £45,000 p.a. exclusive of rates for the next 5 years, with rent to be agreed thereafter. Uniform Busines Rates: £12,000 p.a. approx. RECOMMENDED FOR EARLY INSPECTION

Location
Excellent trading position, ESSEX

Expansion potential
WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.

Reasons for selling
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS & STOCK WITH A MINIMUM VALUE OF £150,000. ASKING PRICE £180,000. SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.