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Sign Maker in Middlesex for sale

Reference M2965

Register to see map and to make an appointment Excellent trading position, MIDDLESEX

Turnover 3,850
Price 70,000

Features
Well Established Signs & Awnings Business

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 3,850 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.
Trading 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 1,000 per month.

Flat No. 2 also let on a shorthold tenancy, however, providing a rental income of 1,000 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 4 years unexpired at a rental of 26,000 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 (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT Subject to status, you can borrow up to 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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