Spacious single fronted Sales Shop approx. 15' x 10' with rear work area approx. 15' x 8' plus storeroom. The shop is fully equipped including counter, electronic cash register, 4 key cutting machines, shoe repair unit etc.
Large basement with staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages £650/£800 p.w. in our opinion offering tremendous potential for further increase, especially with the possibility of introducing Dry Cleaning, as the business occupies an excellent trading position.
Staff
The business is at present operated by 1 full time manager. In our opinion with an active husband and wife team, the wage bill could be reduced.
Opening
Hours
Monday - Saturday inclusive - 10 a.m. - 6 p.m.
With the exception of Wednesday when the business only opens from 10 a.m. - 1 p.m.
NO SUNDAY TRADING
Accommodation
The accommodation situated on the first and second floor is at present let and provides a rental income of £950 per month. We understand the accommodation comprises:
3 Bed Sitting Roooms
Plus bathroom, bath, w.c. and wash hand basin
Kitchen
Tenure
We understand the premises are held on a secure renewable lease having approx. 3 years unexpired at a rental of £11,000 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: £2,500 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
