ATTRACTIVE SALES SHOP approx. 12.5' frontage x 31' depth providing a total area of approx. 385 sq. ft. Electric shutters. Wooden laminated strip floor. 4 counters. Fully equipped including SRA3 Xerox Workcentre 7345 Digital printer, Xerox SRA3 Phaser 7750 digital printer, Cannon IPF700 Colour Poster Printer 900mm (A0 poster printer), Colourtrac Scanner CX40 (Colour) AO size iMac 20", PC's '2', Cannon A4 Multifunction printer, Ideal 4895 electric quillotine, GBC Comb Binder, Rexel Laminator A3, Hot Stamping Foil Machine, Casio Electronic Thermal Till and all accessories that go into a print shop.
Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages £1,800 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Staff
The business is at present operated by the owner with the assistance of 1 part time staff.
Opening
Hours
Monday - Friday inclusive - 10 a.m. - 7 p.m.
Saturday - 10 a.m. - 3 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours if desired.
Accommodation
The SPACIOUS living accommodation at present let on shorthold tenancies and providing a rental income of £25,740 p.a. The accommoation with separate side entrance to hallway with laminated floor, carpeted staircase, comprises:
5 fully furnished Bedsitting Rooms
Shower Room with shower, w.c. and wash hand basin
Fully equipped Kitchen including washing machine, fridge, freezer, cooker and kitchen units
Tenure
We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of £17,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years. (As will be appreciated with the current rental income from the accommodation of £25,740 p.a. at the present time there is a profit rental of £8,740 p.a).
Uniform Business Rates: £2,570 p.a. approx.
THIS PROFITABLE BUSINESS WAS ESTABLISHED BY THE PRESENT OWNER IN 2001 AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price
TWO OPTIONS
Option One:
Price to include the Print Shop Business on the ground floor at a rent for the shop (ground floor only) of £11,000 p.a. exclusive of rates. Price for the goodwill, fixtures and fittings £29,995 plus stock at valuation.
Or rent with the shop, yard plus basement over 500 sq. ft. at a rental of £14,995 p.a. Business Rates: £2,570 approx.
OPTION TWO:
Print Shop business on the ground floor with the whole building Lease TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £98,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
