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Summary:
Reference: M2965
Accom: Yes
Turnover: £ 3,000 p.w.
Leasehold: £ 70,000
was £85,000

Finance
You can borrow £ 35,000 (lease) to purchase this business subject to status, with a house or additional security you maybe able to borrow the full amount.

Home » Businesses for Sale » Middlesex » Sign Makers » Miscellaneous businesses » Business Details

Advert Ref : M2965

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Well Established Signs & Awnings Business for Sale

Excellent trading position, MIDDLESEX

Features

Specialising in illuminated and non-illuminated signs & sun blinds, commercial and residential. We understand they are manufactured and installed by the businesss.

DOUBLE FRONTED SHOWROOM approx. 18ft wide x 60ft depth including workshop area. The showroom area is carpeted.

The equipment includes computers, vinyl cutter, aluminium cutting equipment, 2 sewing machines etc.

Office
Staff cloakroom with w.c. and wash hand basin

Included in the sale is 1 Peugeot Diesel Van registered 2001

Turnover

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

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

Opening Hours

Monday - Friday inclusive 9 a.m. - 5 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY

Accommodation

The accommodation in the form of 2 SELF CONTAINED FLATS over are at present each let on shorthold tenancies.

Flat No. 1 with full gas fired central heating, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

We understand the rental income from this flat is £925 per month.

Flat No. 2 also let on a shorthold tenancy, however, providing a rental income of £990 per month, also comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

Outside

Yard at rear. Space for 2 vans

Tenure

We understand the premises are held on a secure renewable lease having approximately 7 years unexpired at a rental of £25,000 p.a. exclusive of rates next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: £6,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£5,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Viewing

Please call 020 8763 1777 for an appointment to view

Reference M2965

             

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