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Reference M5160

Hardware Store & Discount Store in South London For Sale

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

Register to see map and to make an appointment Occupying a corner position, main road trading position, residential, office and commercial area, SW LONDON

Turnover £ 2,100
Price £40,000

Features

Diy, Hardware, Paints, Household Goods, Tools

DOUBLE FRONTED PREMISES in the region of 550ft² with Canopy. Laminated strip floor. Sales counter, EPOS till, modern adjustable shelving. CCTV system (7 cameras, 1 monitor), alarm, etc..

Stock room / Kitchen area.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,100 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 9am - 6pm
SUNDAY 10am - 5pm

Can be extended as required.

Tenure

The private landlord owns the Leasehold and subject to satisfactory references is prepared to grant a new SECURE RENEWABLE lease for a period to be agreed and a rental of £14,000 p.a. approx.

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

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (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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