Music Instrument Sales Shop in Essex For Sale

Unopposed trading position, small industrial park with 8 units, rural village, Essex.

Turnover £ 3,500
Price £79,500

Features

Guitar Retail & Online Shop

DOUBLE FRONTED CONVERTED BARN SHOWROOM with carpet tiled floor, LED lights, sales desk, EPOS till, modern display shelving, wall brackets

Kitchen.

Toilet with w.c. and wash hand basin.

Stairs to first floor packing room.

Store room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 45% approx. (95% online sales)

Staff

The business is at present operated by the vendor

Trading Hours

By Appointment

Outside

Parking space for 3 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2025 with reviews every 2 years (next review 2027) at a current rent of £6,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote