Most attractive well established CRAFTS & PAPER CRAFTS plus HABERDASHERY
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 £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st March, 2007 showed £79,946 with a gross profit of £47,842.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £32,500 plus STOCK AT VALUATION (£45,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Stairs to first floor display area, laminated strip floor, part carpeted.
Classroom area utilised for teaching lessons
Cloakroom with w.c. and wash hand basin
Staff
This attractive business is at present operated by a lady vendor on a part time basis with the assistance of 5 part time staff (mainly only 1 person serving in the shop at any one time). Wages paid £440/£450 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
We understand the premises are held on a secure renewable lease, the present lease expiring in July, 2010 at a rental of only £7,000 p.a. exclusive of rates. We understand that the lease is renewable for a further 5 years at a rent to be agreed.
Uniform Business Rates: £800 p.a. approx. + water rates
