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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Situated in a parade, excellent main road trading position, residential and office area plus school opposite, CITY OF LONDON (Please register to make appointments and view addresses)

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 900 sq. ft. sales area with tiled floor, suspended ceiling. The equipment includes modern adjustable shelving, 2 glass sliding topped chest display deep freezes, 1 open chest display deep freeze, 12ft open cool display unit, 1 upright double door drinks display fridge (owned), 1 upright single door drinks display fridge (on loan from Coca Cola), 1 Háágen Dazs upright glass fronted ice cream deep freeze (owned), counter, scanning system with 1 till.

Large basement with shelving ideal for storage purposes
Office
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 30% approx.

The business is at present operated by the vendor with the assistance of 2 part time staff.

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 9 a.m. - 9 p.m.

We understand the premises are held on a secure renewable Council lease, the present lease expiring in December, 2009 at a rental of £25,000 p.a.e xclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: £8,000 p.a. approx. + water rates

THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 8 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXUTRES & FITTINGS £75,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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