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Summary:
Reference: C7654
Accom: No
Turnover: £ 3,000 p.w.
Leasehold: £ 50,000
was £65,000

Finance
You can borrow £ 25,000 (lease) to purchase this business subject to status, with a house or additional security you maybe able to borrow the full amount.


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Home » Businesses for Sale » South London » Card Shops » Gift Shops » Stationers » Business Details

Advert Ref : C7654

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Well Fitted Greeting Cards, Stationery, Gifts for Sale

Card Shops,Gift Shops,Stationers for sale in South London

Situated in a parade, main road trading position, LONDON, SW

Features

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

Turnover

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.

Staff

At present operated by the vendors

Opening Hours

Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING

Tenure

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

Price

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

Viewing

Please call 020 8763 1777 for an appointment to view

Reference C7654

             

Selling your business? No sale No fee

If you own a business and are considering selling, visit our Sell a Card Shop, Gift Shop or Stationer section for a free no obligation valuation.

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