Situated in a parade, excellent trading position, busy road, LONDON, SW
Turnover £ 1,600
SINGLE FRONTED SALES SHOP approximately 14' wide x 36' depth with laminated strip floor, suspended ceiling with concealed lighting. Display railing. Counter, electronic cash register.
Small kitchen area
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £1,600 p.w. in our opinion offering tremendous potental for further increase in the right hands. Gross profit we understand in excess of 50%.
At present mainly staff operated by 2 full time family members
11 a.m. - 7 p.m. seven days per week
We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 1 year, increasing at that time to £18,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£15,000 approx. optional)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT