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WE ARE INFORMED the turnover averages £1,800 p.w. (including contract work of approx. £300 p.w) in our opinion offering tremendous potential for further increase in the right hands.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
The business is at present staff operated. 2 full time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
The accommodation in the form of a form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy providing a rental income of £600 per month, however, we understand that vacant possession can be given on completion. The accommodation comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge/Dining Room
Kitchen
Outside
Rear parking space for 2 cars.
Tenure
We understand the premises are held on a secure renewable lease the present lease having approximately 14 years unexpired at a rental of £21,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £6,000 p.a. approx. + water rates
