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Discount Store in Hampshire For Sale

Discount Store in Hampshire For Sale
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Register to see map and to make an appointment Situated in a parade, excellent trading position, HAMPSHIRE

Turnover 5,000
Price 79,500

Features

Profitable Discount Store

IMPRESSIVE SALES SHOP in the region of 1,600 sq. ft. sales area, carpeted, suspended ceiling with concealed lighting. Well equipped including modern adjustable shelving, display stands, counter, electronic cash register.

FIRST FLOOR

Stockroom
Kitchen
2 w.c's

Turnover

WE ARE INFORMED the turnover averages 5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 50%.

Staff

At present staff operated. 2 full time staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
Sunday opening - 10 a.m. - 4 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a current rental of 18,000 p.a. exclusive of rates with rent revisions. We further understand there is a current service charge of approximately 2,000 p.a.

Uniform Business Rates: 10,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 79,500 plus STOCK AT VALUATION (50,000/60,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 39,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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