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Reference M4845
Occupying a corner position, end of parade, busy road, densely populated residential & commercial area, NORTH LONDON
Turnover £ 4,500
Price
£45,000
Features
Well Established Signage Shop
SHOP AREA with 3 display windows plus WORK SHOP AREA. The equipment includes electric saw, welding machine, 1 Mutoh value jet printer model 1614 approximately 2 years old, Jagura cutter, 5m table, power tools etc. The premises are fully equipped for the trade.
* 59 reg Ford Transit Installation Van is included
Turnover
WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering further potential to increase in the right hands.
Staff
At present operated by the vendor with the assistance of 3 full time staff.
Trading Hours
Operated 5 days per week Monday - Friday inclusive - 9 a.m. - 6 p.m.
CLOSED SATURDAY & SUNDAY
Tenure
We understand the premises are held on a secure renewable lease, the present lease having approximately 3 years unexpired at a rental of £10,800 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: Nil payable after small business relief
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 o.n.o. plus STOCK AT VALUATION and LEGAL FEES
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
** N.B. The Purchaser is to be responsible for all legal fees. **
Finance
Subject to status, you maybe able to borrow up to £ 22,500 (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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