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WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40/45% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
No parking problems. Large free car park close by.
Forecourt used for display purposes to -
SPACIOUS SALES SHOP approx. 800 sq. ft. sales area with carpet tiles floor, suspended ceiling with concealed lighting, peg boarding, shelving, 4 display gondolas, counter, electronic cash register, 2 key cutting machines etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by 2 partners with the assistance of 1 Saturday part time staff.
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having 5 years unexpired from October, 2007 at a rental of £14,170 p.a. exclusive of rates up to October, 2008, with rent to be agreed thereafter.
Uniform Business Rates: £5,000 p.a. approx. (without small business relief. Obviously with small business relief, the rates should be reduced).
