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
PropertyLeasehold
Lease termsThe 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
LocationSituated in a parade, busy road, densely populated residential and commercial area, SOUTH LONDON
Expansion potentialWE ARE INFORMED the turnover averages £1,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Reasons for sellingTO 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.