Commercial Stationers in Middlesex For Sale

Situated in a parade, excellent High Street trading position, sought after residential area, SURREY/MIDDLESEX BORDERS

Turnover £ 2,200
Price £45,000

Features

Well Established Retail & Commercial Stationery

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,000 sq. ft. sales area, ceiling with inset spotlighting. The equipment includes counter, till with EPOS scanning system, slats to walls, display stands, colour photocopier (on lease), Kodak printing machine, cartridge refilling equipment, 2 vacuum filling machines, 2 computers.

Ample storage area
Office
Kitchenette
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of £2,200/£2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are advised that the sales year ending October, 2018 showed in the region of £110,000. We further understand that the gross profit is in the region of 60%.

Staff

The business is at present operated by the owner's son 3 days per week with the assistance of 2 part time staff.
It will be appreciated upon inspection that with an active husband & wife team the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 9.30 a.m. - 5.30 p.m.
Saturday opening - 9.30 a.m. - 5 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease for a period of 10 years from March, 2016 at a current rental of £18,500 p.a. exclusive of rates up to March, 2021 with rent to be agreed thereafter.

Uniform Business Rates: £8,900 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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