SINGLE FRONTED MEDIUM SIZED SALES SHOP, newly fitted approx. 3½ years ago. Tiled floor, suspended ceiling with concealed lighting, modern adjustable shelving, 1 greeting card display stand, 1-3.75m open cool display unit, 1-2.75m open cool display unit, single door glass fronted display fridge, till with scanning system, counter etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 22% approx.
The business is at present operated by the vendor with the assistance of his brother and 1 part time staff.
We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £13,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £2,900 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT