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Established Digital Photo Centre in Kent

Price:
Leasehold - £19,950
Turnover:
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Seller Ref:
2081
Location:

Kent , Sidcup

Business Type:

Retail businesses, Service Businesses

See Other:
Card shops for sale in Kent
Gift shops for sale in Kent
Photographers/photo shops for sale in Kent
Retail businesses for sale in Kent
Service businesses for sale in Kent
Description:
THE BUSINESS:
Preferred Commercial is pleased to offer for sale this popular photo centre, which was established in 2004. The Oval Digital Photo Centre was originally the local post office and our client was the post master, owning the business since 1976. The shop specialises in most sorts of photographic media including 35mm film, digital photo cards, CDs, memory sticks, APS film and ID photos with a turnaround as little as 30 minutes. The business generates a turnover in the region of £18,000 per annum with a gross profit of 70%, derived from offering a range of bespoke digital photo printing and copying along with a range of retail items including photography accessories, stationery items and greeting cards. A new owner could increase turnover by expanding the range of goods and services offered. We are advised that there is planning in place for the introduction of a public Broadband Internet café area, which we feel would greatly increase turnover. There is also the potential to develop a web site with electronic ordering facilities. The shop is fitted and equipped to a high standard and benefits from a self-contained 2-bedroom apartment, which could be used as owners' accommodation and is currently let out to generate a monthly rental of £680. We feel this represents an ideal opportunity to acquire a well-established business in such a prime location and with immense scope for future growth. Early discussions with Preferred Commercial come highly recommended.
Location Details:
The Oval Digital Photo Centre is ideally situated in a popular parade of complementary shops and businesses overlooking The Oval in Sidcup, Kent. The business lies on a busy thoroughfare with ample on-street parking in the vicinity. The Oval lies at the heart of an affluent and densely populated residential area popular with commuters. There is excellent road links with the A2, A20, M25 and M20 all within easy reach. Central London lies just 11 miles from the business.
Lease Terms:
Leasehold Original length: 15 years Remaining: 15 years Review: every 3 years Rent: £21,500 per annum
Trading Hours:
Mon - Tues: 9.30am - 5.30pm Wed: 9.30am - 1.00pm Thurs - Fri: 9.30am - 5.30pm Sat: 9.30am - 5.00p
Accommodation:
Substantial 2-storey retail premises set within a popular parade and benefiting from a self-contained 2 bedroom apartment. Briefly comprising: Ground Floor • Main sales and display area fitted to suit trade with a range of modern fixed and free-standing display furniture and shelving, range of photographic accessories, consumables and stationery, greeting card racks, retail counter with glass fronted display section • Open-plan work room with fax machine, state-of-the-art digital photographic processing, printing and copying equipment • Store room • Kitchen area • Washroom with WC First Floor • Lounge • Kitchen with a range of fitted wall and base units • Double bedroom • Single bedroom • Bathroom with bath, WC and wash basin External • Enclosed rear yard • Garage
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Business Documents:
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