Back to Business List

Situated in a parade, excellent trading position, LONDON, SW (Please register to make appointments and view addresses)

This business was established we understand approximately 22 years ago by the present owner and there are genuine reasons for sale.

DOUBLE FRONTED MEDIUM SIZED SALES SHOP with woodstrip floor, display stands, counter. CCTV system with 2 cameras plus monitor.

Small stockroom
Cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £3,000/£3,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 50/55% approx.

The business is at present operated by the vendor with the assistance of 2 part time staff.

Monday - Thursday inclusive - 10 a.m. - 5.30 p.m.
Friday & Saturday - 10 a.m. - 6.30 p.m.
NO SUNDAY TRADING

We understand the premises are held on a secure renewable lease, the present lease expiring in 2017 at a rental of £15,000 p.a. exclusive of rates up to October, 2010, increasing at that time to £17,000 p.a. exclusive of rates up to October, 2015, with rent to be agreed thereafter.

Uniform Business Rates: £3,900 p.a. approx.

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 22 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £15,000 plus STOCK AT VALUATION (stock at valuation optional)
LOAN POSSIBLE TO AN APPROVED APPLICANT