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Reference M5159

Hardware & Discount Store in South London For Sale

Hardware & Discount Store in South London For Sale
Hardware & Discount Store in South London For Sale Buy a Hardware & Discount Store in South London For Sale Sell a Hardware & Discount Store in South London For Sale Hardware & Discount Store in South London For Sale for Sale Hardware & Discount Store in South London For Sale for Sale Hardware & Discount Store in South London For Sale for Sale Hardware & Discount Store in South London For Sale for Sale Hardware & Discount Store in South London For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, near station, residential, office and commercial area, SOUTH WEST LONDON

Turnover £ 2,800
Price £65,000

Features

Diy, Hardware, Paints, Household Goods, Tools

Paved front area used for display purposes

SINGLE FRONTED premises in the region of 650ft². Tiled floor, sales counter, EPOS till, modern adjustable shelving, slats to walls. CCTV system (6 cameras, 1 monitor).

Stairs to ......

Basement - 2 rooms used for storage purposes..

Toilet with w.c. and wash hand basin

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,800 p.w. with a gross profit of 60% approx.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 8am - 7pm
SUNDAY 10am - 5pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £15,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£45,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (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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