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Reference C9135

Card, Stationers & Art Supplies Shop in Middlesex For Sale

Card, Stationers & Art Supplies Shop in Middlesex For Sale
Card, Stationers & Art Supplies Shop in Middlesex For Sale Buy a Card, Stationers & Art Supplies Shop in Middlesex For Sale Sell a Card, Stationers & Art Supplies Shop in Middlesex For Sale

Register to see map and to make an appointment Situated in a parade of shops , busy road, residential area MIDDLESEX

Turnover 5,300
Price 49,000

Features

Old Established well Fitted Greeting Cards, Stationery, Art Supplies We Understand well Known In The Area For Over 50 Years

IMPRESSIVE & SPACIOUS SALES SHOP in the region of 2,500 sq. ft. sales area, carpeted, suspended ceiling with concealed lighting & well appointed including 20 greeting card display stands with drawers, 3 glass fronted counters, display stands, 2 electronic cash registers etc.

Large stockroom
Office
Staffroom
Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,300 p.w. in our opinion offering tremendous potential for further increase in the right hands & indeed with the introduction of additional lines. We are further advised that the sales year ending September, 2018 showed 278,000 net of VAT with a gross profit of 121,764. In our opinion there is scope for a website to attract on line sales.

Staff

The business is at present operated by a husband & wife team with 8 part time staff (it should be noted we understand that only 2 of the part time staff are employed at any one time).

Trading Hours

Operated Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING

Outside

Car parking at rear for 2 cars

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of 39,000 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter.

Uniform Business Rates: 11,738 p.a.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE 16 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 49,000 plus STOCK AT VALUATION (65,000/70,000 approx. at cost)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 24,500 (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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