Nr. South Kensington, South London
Situated in a parade, main road trading position, LONDON, SW
Turnover £ 3,000
SPACIOUS DOUBLE FRONTED SALES SHOP with carpet tiled floor, suspended ceiling with concealed lighting and well equipped including 16 greeting card display stands with drawers, additional display stands, slats to walls, counter, electronic cash register.
Large basement ideal for storage purposes
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 60% approx.
We understand the permises are held on a secure renewable lease, the present lease having approximately 2 years 7 months unexpired at a rental of £37,000 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: £10,000 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 3 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT