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Location |
Situated in a parade of shops, excellent trading position, LONDON SE
(Please register to make appointments and view addresses)
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Features |
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
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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.
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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.
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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
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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
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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
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Price |
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference |
M2129 |
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