Phone and Vape Shop in Derbyshire For Sale

Situated in a Parade, main road trading position, residential, office and commercial area, Derbyshire.

Turnover £ 1,615
Price £25,000

Features

Phone Repairs & Accessories Plus Vape Shop

6 DAYS OPENING

DOUBLE FRONTED RETAIL SHOP in the region of 460 ft² with tiled floor, suspended ceiling with spot lights, sales counter, EPOS till, modern adjustable shelving, glass display cabinets, CCTV system (2 cameras, 1 monitor).

Stock room

First floor in the region of 200 ft² with;

Additional Room
Staff Toilet with w.c. and wash hand basin.
Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,615 p.w. with a Gross profit of 40% approx.

Staff

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

Trading Hours

6 Day week
MONDAY - SATURDAY 9.30am - 6pm

Outside

Rear yard

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 2024 with reviews every 5 years (next review 2029) at a current rent of £15,750 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 VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION (£4,000 APPROX.)
SUBSTANTIAL LOAN 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