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, 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
Full basement with 8' height
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 £24,700 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
Outside
Large yard at rear of building
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 £7,700 p.a).
Uniform Business Rates: £1,305 p.a. approx. (now reduced by 50% due to small business relief)
THIS PROFITABLE BUSINESS WAS ESTABLISHED BY THE PRESENT OWNER IN 2001 AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Reference
M2678
Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.
