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Reference M4512

Motor Accessory Shop / Retail Space in Wandsworth For Sale

Motor Accessory Shop / Retail Space in Wandsworth For Sale
Buy a Motor Accessory Shop / Retail Space in Wandsworth For Sale Sell a Motor Accessory Shop / Retail Space in Wandsworth For Sale

Register to see map and to make an appointment Situated in a parade, busy road, bus stop outside, residential & commercial area, SW LONDON WANDSWORTH

Turnover 1,500
Price 25,000

Features

Motor Spares Shop - A1 Premises

ATTRACTIVE SINGLE FRONTED SALES SHOP approximately 4 metres wide with new adjustable shelving, display stands, new counter, computer system.

Small storage area
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 1,500/2,000 p.w. in our opinion offering terrific potential for further development in the right hands. We are further advised that the gross profit is in the region of 40%.

Staff

At present operated mainly by a relative of the vendor.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 6 p.m.
Saturday opening - 11 a.m. - 4 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable 3 yearly Licence, the present Licence expiring in October, 2018 at a rental of 7,800 p.a. exclusive of rates. We understand the landlord is prepared to grant a new lease at rent and terms to be agreed.

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES& FITTINGS 25,000 plus STOCK AT VALUATION plus optional STOCK AT VALUATION (in the region of 15,000 approx. at cost)
LOAN POSSIBLE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 12,500 (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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