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WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 22% approx.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £57,500 plus STOCK AT VALUATION (£30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Alternatively the vendor is prepared to consider the sale of the Freehold property, which would include the adjoining shop, which is let on lease as a Hairdressing Salon. The present lease expiring in April, 2009 and providing a rental income of £5,200 p.a. exclusive of rates.
PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY (including adjoining Hairdressing Salon, let on lease), GOODWILL, FIXTURES & FITTINGS £395,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
Situated in a parade, large parking area in front of parade for up to approx. 30 cars.
SINGLE FRONTED SALES SHOP approx. 400 sq. ft. sales area with Terrazzo tiled floor. Well equipped including attractive wooden shelving, 2 single door upright glass fronted display fridges, 1 upright double door drinks display fridge, counter, till with scanning. CCTV system with 4 cameras, 2 monitors plus recording.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assistance of 1 part time staff.
The SUPERB living accommodation all in EXCELLENT CONDITION, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
First Floor
Large Lounge
Separate Dining Room
Fully Fitted Kitchen
Double Bedroom
Shower room with ceramic tiled floor with shower, w.c. and wash hand basin
Stairs to Second Floor providing -
2 further Double Bedrooms
Bathroom with ceramic tiled floor, bath, w.c. and wash hand basin
Adjoining store area
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
