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 £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 36% approx. We are further advised that the sales year ending April, 2007 showed in the region of £250,000 inclusive of VAT. The present owner anticipates that the sales year ending April, 2008 should show in the region of £270,000 inclusive of VAT.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £29,999 plus STOCK AT VALUATION (£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Front area used for display of cycles to -
SPACIOUS SALES SHOP approx. 50ft frontage with electric internal shutters. Sales area in the region of 750 sq. ft. carpeted, ceiling with spotlighting. Well equipped including counter, electronic cash register, slats to walls, display stands etc.
Small kitchen area with sink
Staff w.c.
Staff
The business is at present operated by the vendor with the assistance of a relative plus 1 part time staff.
We understand the premises are held on a secure renewable lease, the present lease expiring in May, 2010 at a rental of £15,000 p.a. exclusive of rates.
Uniform Business Rates: £1,200 p.a. approx. (after small business relief)
