Impressive and spacious Semi-Detached VILLAGE HARDWARE, DOMESTIC, DIY, HOUSEHOLD GOODS
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
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx. We are further advised that the sales year ending 31st March, 2007 showed sales of £276,396 with a gross profit of £141,565. We are further advised that the anticipated sales year ending 31st March, 2008 should show in the region of £328,000 inclusive of VAT.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £105,000 plus STOCK AT VALUATION (£60,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Car parking in front of shop for 3 cars (limited to 30 minutes during the day).
Impressive and spacious SALES SHOP approx. 2,800 sq. ft. well equipped modern adjustable shelving, display stands, 2 counters, EPOS scanning system with 3 tills, back-up computer, 2 key cutting machines etc.
Office
Ladies and gentlemen's w.c.
Staff
The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 6 part time staff. Wages paid in the region of £700 p.w. It will be appreciated upon inspection that with a more active husband and wife team, in our opinion the wage bill could be reduced.
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having 8 years unexpired from 1st January, 2007 at a rental of £29,850 p.a. exclusive of rates up to January, 2011, with rent to be agreed thereafter.
Uniform Business Rates: £5,554 p.a. + water rates
