Profitable Party & Fancy Dress Shop, Impressive Shop with Substantial Basement

Reference M1759
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Fancy Dress Shops,Clothes Shops for sale in West London

Contact the seller Excellent trading position, WEST LONDON

       

Turnover 5,000
Price 88,000

Features
Spacious single fronted Sales Shop approx. 960 sq. ft. sales area, carpeted. Fully equipped including shelving, counter, electronic cash register, display stands, rails etc.

Large basement in the region of 2,500 sq. ft. with racking used for storage purposes
Office
Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover is in the region of 5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx.
Staff
The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 1 full time staff, 1 Saturday person plus additional part time staff when required.
Trading Hours
Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m.
CLOSED ALL DAY SUNDAY
(It should be noted that depending on the season, the business may remain open until 7 p.m. especially at Halloween, Bonfire Night and the Christmas period).
Outside
Car parking space at rear for 1 car.
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of 35,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 5,500 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 88,000 plus STOCK AT VALUATION (30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

       

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