Most attractive and spacious INTERIOR DESIGNS, HOME ACCESSORIES, LIGHTING, FURNITURE, CANDLES, GIFTS, PICTURES plus TEAROOM AREA
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further incrase I the right hands. Gross profit 50% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,950 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Ample parking in front of parade, restricted to a maximum of 1 hour during the day.
Rear open plan Tearoom area with breakfast bar having 6 high chairs, in addition there are 4 tables and 8 chairs. Fully equipped including 2 group Gaggia coffee machine, coffee grinder, fridge, dishwasher, 4-slice toaster, juice extractor, smoothie maker, sink and drainer etc.
Stairs to large cellar (ground floor at rear) providing ample storage facilities.
Staff
The business is at present operated by a lady vendor on a part time basis with the assistance of 3 part time staff.
Opening
Hours
Monday - Friday inclusive - 9.30 a.m. - 5.30 p.m.
Saturday opening - 10 a.m. - 5.30 p.m.
NO SUNDAY TRADING
We are advised the business closes for 1 week in August and 1 week at Christmas/New Year to allow the owners a holiday break. We are further advised that the business is closed on all Bank Holidays
Outside
Parking space at rear for 1 car.
Tenure
We understand the premises are held on a secure renewable lease the present lease having approximately 1 years unexpired at a rental of £8,500 p.a. exclusive of rates, fixed for the remainder of the present term. We are advised that the landlord is prepared to accept a surrender of the existing lease and grant a lease at an initial rental of £14,000 p.a. exclusive of rates with rent reviews thereafter.
Uniform Business Rates: £3,940 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE RETAIL BUSINESS, WHICH IN OUR OPINION HAS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.
