Long established CARD & GIFT SHOP
Price:
Leasehold - £49,995
Location:
London, North London
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SUMMARY:
• PRICE (LEASEHOLD) £49,995
• GROSS PROFIT 70%
• TURNOVER £2,900 p.w.
• 6 DAYS OPENING
DESCRIPTION:
The business has the benefit of an Interflora Agency
DOUBLE FRONTED IMPRESSIVE SALES with electric heaters, carpet tiled floor, suspended ceiling with concealed lighting. Well equipped including sales counter, 2 electronic cash registers, modern adjustable shelving, slats to walls, 20-4ft greeting card display stands with drawers, glass display shelving, centre display gondola. CCTV system including 2 cameras, 1 monitor with video recorder etc.
• Stock room / Store room.
Stairs to .....
• Stock room / Store room.
• Office.
• Staff kitchen area.
• Staff toilet with w.c. and wash hand basin.
WE ARE INFORMED the turnover averages £2,900 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx. We are further advised that the sales year ending 31st March, 2011 showed £114,727 with a gross profit of £78,866.
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 15 years unexpired from September, 2010 at a current rental of £12,000 p.a. exclusive of rates. However, we are further advised that there was a rent revision due in September, 2010, and we are advised that the rent has not been increased.
We are informed there is a service charge of £8,000 p.a. approx.
Uniform Business Rates: £10,500 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,995 plus STOCK AT VALUATION (£30,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
N.B. THE PURCHASER WILL BE RESPOSIBLE FOR THE LANDLORDS LEGAL FEES
Shopping centre locality, excellent trading position, office and commercial area, LONDON, N
6 days per week Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING
North Yorkshire
£ 750,000
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