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Home Businesses Clothes Shops South London Asian Fashion Shop...

Advert Ref : M3574 Clothes Shops for sale in South London

Asian Fashion Shop



Situated in a parade, excellent trading position, busy road, LONDON, SW

Features 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.

Fitting cubicle

Small kitchen area
Staff cloakroom with w.c. and wash hand basin
Turnover 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%.
Staff At present mainly staff operated by 2 full time family members
Opening Hours 11 a.m. - 7 p.m. seven days per week
Tenure 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
Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION (15,000 approx. optional)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Please call 020 8763 1777 for an appointment to view
Reference M3574

             

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Clothes Shops for sale in South London

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Business Summary
Reference: M3574
Accom: No
Turnover: 1,600 p.w.
Leasehold: 35,000

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Finance the Purchase
We can lend you up to 18,000 to purchase this business subject to status, with a house or additional security you maybe able to borrow the full amount.


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