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Sports Shop for sale in Hertfordshire

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Reference : M1761

Attractive old established SPORTS SHOP

       

No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register for free to see full location details
 

Location

Excellent trading position opposite Waitrose, HERTFORDSHIRE (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 41.5%. We are further advised that the sales year ending 31st October, 2006 showed £205,737 with a gross profit of approx. £83,878.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

Spacious double fronted Sales Shop approx. 503 sq. ft. sales area, fully carpeted and well equipped including counter, electronic cash register, display rails, display units etc.

Staff cloakroom with w.c. and wash hand basin

Staff

The business is at present operated by a lady vendor on a part time basis with the assistance of her sister on a part time basis plus 2 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening Hours

Monday - Saturday - 9 a.m. - 5.30 p.m.
Halfday Wednesday closing at 1 p.m.
NO SUNDAY TRADING

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, all in GOOD CONDITION and with FULL GAS FIRED CENTAL HEATING, comprises:

2 bedrooms (1 double, 1 small single)
Bathroom with bath, w.c. and wash hand basin
Large lounge
Kitchen

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring on the 30th October, 2009 at a rental of £26,000 p.a. exclusive of rates.
(We understand in addition there is a service charge of £250 per quarter).

Uniform Business Rates: £5,594.37 p.a. + water rates

THIS OLD ESTABLISHED SPORTS SHOP HAS BEEN IN THE SAME HANDS SINCE 1991 AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Reference : M1761

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Sports Shop for sale
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Catering Businesses for sale include:
 A3 / A5 Premises
 
Bakery /Patisserie
 
Cafe for sale
 
Delicatessens
 
Fish & Chips shops
 
Freehouse / Pubs
 
Hotels & B&B's
 
Pubs & Wine Bars
 Restaurants
 
Sandwich Bars
 
Take-aways
 
Tea rooms
 
Wine Bars

Retail Businesses for sale include:
 Bathroom / Kitchen
 Butchers for sale
 
Car Shops for sale
 
Cards & Gifts shops
 
Clothes Shops
 Cycle Shops
 Discount Shops
 Dry Cleaners
 
Empty Premises
 Florist / Garden centre
 
Fruit & Greens shops
 
Gallery / Antique
 
General Stores
 Hair & Beauty
 
Hardware / DIY
 Investments
 
Newsagents
 Off Licence
 
Retail Businesses
 
Pet Shops
 
Petrol Stations
 
Post Office
 
Print Shops
 
Sports Shop
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