Outstanding opportunity to acquire a well equipped Photoshop including the sale of picture frames, DVD transferring plus photographic studio.
Spacious double fronted Sales Shop, customer's area with woodstrip floor, rear section carpet tiled floor. Suspended ceiling with concealed lighting. Well equipped including 2 counters, electronic cash register, slats to walls, Konica CL-JO46TJ processor, RI Super Konica Digital Mini Lab System, computerised digital printing system, enlargement printer etc.
Rear office
Kitchen plus staff cloakroom
Stairs to basement Photographic Studio providing an additional income of approx £12,000p.a.
Turnover
WE ARE INFORMED the turnover is in the region of £100,000 p.a. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the net profit is in the region of £50,000 p.a.
Staff
The business is at present operated by the vendor with the assistance of 1 full time staff.
We understand the premises are held on a secure renewable lease having approx. 13 years unexpired at a rental of only £10,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,300 p.a. approx. (after small business relief)
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
