Old established ELECTRICAL RETAILER (selling small domestic appliances, contracting, lamps plus repairs & spares)
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 £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 12th March, 2007 showed £165,146 with a gross profit of £67,989 and a net profit of £38,037.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,000 sq. ft. sales area with carpet tiled floor, suspended ceiling, fluorescent lighting. The equipment includes counter, shelving, glass display cabinets, electronic cash register.
Rear stockroom
Kitchen area
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor and no staff are employed
Opening
Hours
Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
With the exception of Wednesdays when the business only opens half day from 9 a.m. - 2 p.m.
NO SUNDAY TRADING
It should be noted the business closes on all bank holidays
Outside
Parking space at rear for 1 car
Tenure
We understand the premises are held on a secure renewable lease having approximately 8 years unexpired at a rental of £18,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform Business Rates: £5,000 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 15 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
